0 New Salem Hwy & Veterans Pkwy Murfreesboro, TN 37128
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.
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
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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.