Property summary
This exceptional 14.17-acre mixed-use development opportunity in Murfreesboro, Tennessee, presents a unique investment prospect. Boasting 617,245 square feet of potential development space and over 684 feet of road frontage along Medical Center Parkway, this property enjoys unparalleled visibility and accessibility. Its strategic location near The Fountains at Gateway, Ascension St. Thomas Rutherford Hospital, and a vibrant array of medical offices, shopping, restaurants, apartments, and condos ensures high traffic and strong demand. The site offers convenient access to major arterial roads and Interstate 24, maximizing connectivity and reach. Imagine a mixed-use development with stunning views overlooking the Stones River and the Old Fort Golf Course. Preliminary conceptual road design plans are available for review, providing a solid foundation for future development. However, the site is highly adaptable, allowing buyers to tailor the design to their specific vision and needs. This is a rare chance to acquire a substantial parcel in a thriving area with significant growth potential. The asking price is $15,000,000. The property's size, location, and versatility make it an ideal canvas for a large-scale, impactful development project.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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