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Property profile & analytics
OFF-MARKET
Land

0 Joe B Jackson Pkwy Murfreesboro, TN 37127

2.98 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.98-acre industrial land parcel presents a remarkable investment opportunity in Murfreesboro, Tennessee. Strategically located at the northwest corner of Joe B Jackson Parkway and Butler Road, this property boasts unparalleled visibility and accessibility due to its proximity to Interstate 24. The site benefits significantly from its location near a newly opened Buc-ee's travel center and a soon-to-open QuikTrip, both of which are expected to generate substantial traffic volume. This high-traffic intersection is further enhanced by a new traffic signal currently being installed and recent road realignments on Butler and Elam Roads, improving traffic flow and accessibility. Currently zoned Light Industrial, the property is in the process of annexation to General Industrial zoning and will gain access to city sewer services, expanding its development potential. This flexible zoning allows for a wide range of commercial uses, including restaurants, fast food establishments, and medical facilities. The property's location within Murfreesboro's rapidly expanding commercial corridor, coupled with the anticipated increase in traffic from the nearby anchor developments, makes this a prime location for businesses seeking maximum exposure and growth potential. The site is development-ready, offering investors a unique opportunity to capitalize on the area's booming commercial growth. The asking price is $2,600,000.

Property profile
Verified
Property type Land
Lot 2.98 ac (129,809 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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