Technical
Financial
Distress signals
Property profile

00 New Salem Hwy Murfreesboro, TN 37128

OFF-MARKET
Land
14.19 ac lot
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Property summary

AI-generated overview

This exceptional 14.19-acre commercial land parcel presents a unique investment opportunity in Murfreesboro, Tennessee. Located in Rutherford County, at 00 New Salem Hwy, zip code 37128, this property boasts a highly desirable location near I-24, easily accessible via Exits 78 (Old Fort Parkway) and 80 (New Salem Highway). The site is situated on the rapidly developing Highway 99 corridor, promising significant future growth potential. Zoned for commercial use, this land is ideally suited for a variety of development projects. The asking price is $1,795,000, representing a compelling value for this strategically positioned acreage. The seller is willing to divide the property, offering flexibility for various development scales and investor needs. This presents a rare chance to acquire a substantial land holding in a thriving Tennessee market with excellent highway access and strong growth prospects. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 14.19 ac (618,116 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

00 New Salem Hwy Murfreesboro, TN 37128
Murfreesboro metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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