0 Joe B. Jackson Pkwy. & Elam Farms Pkwy Murfreesboro, TN 37127
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.