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Property profile & analytics
OFF-MARKET
Land

0 Joe B. Jackson Pkwy. & Elam Farms Pkwy Murfreesboro, TN 37127

1.43 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.43-acre commercial land parcel presents a remarkable investment opportunity in Murfreesboro, Tennessee. Located at the northwest corner of Joe B. Jackson Parkway and Manchester Pike, this strategically positioned property boasts convenient access to I-24 and Exit 84 via Joe B. Jackson Parkway. The site is zoned for industrial use, allowing for retail and commercial development, making it ideal for a variety of ventures, including a convenience store, strip center, or bank. All utilities are readily available on-site, and off-site storm water retention is already in place. The land will be filled to road grade prior to sale. This location offers significant advantages, situated within a half-mile of a new 1.3 million square foot Amazon fulfillment center, creating a vibrant and growing commercial environment. The asking price is $950,000, or $15.25 per square foot. This represents a compelling opportunity to capitalize on the robust economic growth in this thriving area of Rutherford County, with a zip code of 37127. The property's address is Joe B. Jackson Pkwy. & Elam Farms Pkwy, Murfreesboro, TN.

Property profile
Verified
Property type Land
Lot 1.43 ac (62,291 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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