Property summary
This exceptional 0.99-acre commercial lot, identified as Lot 5 in the Ognios at Foxcroft development, presents a unique investment opportunity in Murfreesboro, Tennessee. Located on Foxcroft Road in Rutherford County (APN 114 004.11), this flat lot benefits from a brand-new road extension currently underway, ensuring excellent accessibility. All essential utilities, including city sewer, are readily available on-site, simplifying development plans. The property enjoys a highly desirable location, situated adjacent to major retail establishments and within close proximity to two Interstate 24 exits. This strategic positioning places the lot at one of Murfreesboro's highest traffic count intersections on the west side, boasting a remarkable 19,967 daily vehicles (TDOT 2023 data). The surrounding area is characterized by a high density of single-family and multi-family residential developments, creating a robust and growing consumer base. The asking price for this prime commercial land is $595,000. This presents a compelling opportunity for developers and investors seeking a well-located parcel in a thriving market. The zip code is 37128.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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