Office Corridor Gateway Blvd Murfreesboro, TN 37129
This exceptional opportunity presents several prime commercial land parcels in Murfreesboro, Tennessee's thriving Gateway Office Corridor. Located directly across from Saint Thomas Rutherford Hospital, these lots offer unparalleled visibility and accessibility. The available properties include Lot 6A, spanning 1.57 acres and priced at $14 per square foot, and Lot 9, a sizable 2.92-acre parcel priced at $14.95 per square foot. The owner is willing to divide Lot 9 to accommodate various development needs. All lots are zoned for mixed use, permitting the construction of office, retail, and high-density residential buildings. This prime location boasts a high-traffic count on Medical Center Parkway, ensuring significant exposure for any development. The land is grade-ready, with all utilities readily available, simplifying the development process. Furthermore, the property overlooks the scenic Gateway Lake Park, providing an attractive amenity for future tenants and residents. This presents a rare chance to acquire land in a rapidly growing area with exceptional potential for significant return on investment. The strategic location, combined with the flexible zoning and readily available infrastructure, makes this an ideal opportunity for developers seeking a high-impact project in a desirable Tennessee market. Don't miss this chance to secure a piece of Murfreesboro's burgeoning Gateway Corridor.
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.