0 Joe B Jackson Pkwy And Manchester Hwy Murfreesboro, TN 37127
This exceptional commercial land offering presents a rare opportunity to acquire highly desirable industrial property in Murfreesboro, Tennessee. Located at the intersection of Joe B Jackson Parkway and Manchester Highway, this property boasts excellent visibility and accessibility. The offering includes two parcels, Lot 5 encompassing 1.4 acres priced at $9 per square foot, and Lot 8 comprising 2.34 acres priced at $13 per square foot. The owner is willing to divide the parcels to accommodate individual buyer needs. The property is zoned for industrial use, but the zoning also permits retail and commercial uses, providing significant flexibility for development. All utilities are readily available, ensuring seamless infrastructure integration for any project. Convenient access is provided via a common easement to Elam Farms Drive and Joe B Jackson Parkway. A newly installed traffic-lighted intersection enhances safety and visibility. The property benefits from significant frontage along the five-lane Joe B Jackson Parkway, ensuring high traffic exposure. Furthermore, its proximity to Interstate 24, specifically Exit 84, provides easy access to major transportation routes. The high traffic count on I-24, averaging 49,336 vehicles daily, underscores the significant potential for commercial success in this strategic location within Rutherford County, zip code 37127. This prime location offers unparalleled potential for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.