Veterans Pkwy Murfreesboro, TN 37128
- Commercial real estate
- 279,655 SF
- 6.42 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Veterans Pkwy
- Lot size
- 6.42 lot acres
- Property size
- 279,655 SF
- Property type
- Commercial real estate
Description
This exceptional 6.42-acre commercial lot presents a remarkable investment opportunity in the thriving Murfreesboro market. Located at the highly visible intersection of Veterans Parkway and Highway 96, this property boasts 279,655 square feet of potential development space. Its strategic position offers unparalleled access and visibility, situated just south of a major Kroger grocery store and within one mile of Interstate 840, ensuring high traffic counts and significant consumer reach. The site is part of the Kingdom Crest development, a rapidly growing area with a mix of established and new businesses. The property benefits from its location on a well-lit corner, further enhancing its appeal to potential tenants. Currently, newly developed retail and restaurant establishments are thriving along Highway 96, with a Circle K convenience store recently opened on the corner, demonstrating the area's strong commercial viability. This prime location offers significant potential for a variety of commercial uses, making it an ideal investment for developers seeking a high-impact, high-traffic location in a rapidly expanding area of Murfreesboro, Tennessee. The total lot size is 7.71 acres, with 6.42 acres usable for development. This property offers a unique opportunity to capitalize on the significant growth and development occurring in this prime commercial corridor. The asking price is $5,033,794.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Murfreesboro
- County
- Rutherford County, TN
- State
- Tennessee
- Longitude
- -86.4007
- Latitude
- 35.786