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Property profile & analytics
OFF-MARKET
Land

0 New Salem Hwy & Veterans Pkwy Murfreesboro, TN 37128

1.31 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.31 to 1.48-acre commercial land parcel presents a remarkable investment opportunity in Murfreesboro, Tennessee. Ideally situated at the intersection of New Salem Highway and Veterans Parkway, this property boasts dual road access and is zoned for commercial use, making it perfect for a variety of ventures. All utilities are readily available, and the site is drive-thru capable, catering to the needs of retail, restaurant, or fast-food establishments. The land is priced at $204 per square foot, reflecting its prime location and development potential within the thriving Veterans Parkway Loop. This high-traffic area offers excellent visibility and accessibility, ensuring strong potential for business success. The property's size and zoning provide ample flexibility for various development plans, making it an attractive option for both established businesses and new ventures seeking a strategic location in a rapidly growing market. With its convenient access to major thoroughfares and a vibrant community, this commercial land parcel represents a compelling investment opportunity in a desirable Tennessee location. The property is located in Rutherford County, Tennessee, with a zip code of 37128.

Property profile
Verified
Property type Land
Lot 1.31 ac (57,064 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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