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Property profile

0 Cason Ln Murfreesboro, TN 37128

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

This exceptional 1-acre commercial lot, identified as Lot 2 in the Ognios at Foxcroft development in Murfreesboro, Tennessee, presents a unique investment opportunity. Located in Rutherford County, with the address of Cason Ln, zip code 37128, this flat lot boasts unparalleled accessibility and visibility. The property's APN is 114 004.09. A brand-new extension of Foxcroft Road is currently under construction, further enhancing connectivity. All essential utilities, including city sewer, are readily available on-site. This prime location offers significant advantages, situated adjacent to major retail establishments and conveniently close to two Interstate 24 exits. The lot benefits from its position at one of the highest traffic count intersections on Murfreesboro's west side, recording an impressive 19,967 vehicles daily (TDOT data, 2023). The surrounding area is characterized by a high density of single-family and multi-family residential developments, ensuring a robust and growing customer base. This property is priced at $595,000 and represents an excellent chance to establish a thriving commercial venture in a rapidly expanding market. The coordinates are 35.8192078 latitude and -86.4446092 longitude.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Cason Ln Murfreesboro, TN 37128
Murfreesboro metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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