Current Use by Public Records
- Land
Property Details for 0 New Salem Hwy & Veterans Pkwy
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional 400-acre tract in Murfreesboro, Tennessee, presents a unique mixed-use development opportunity. Located at the intersection of New Salem Highway (Highway 99) and Veterans Parkway, this property boasts significant road frontage and convenient access to Interstates 24 and 840. Parcels ranging from 2 to 100 acres are available, with a 19.3-acre section specifically zoned for multi-family development. All utilities are readily available, supporting a wide range of commercial and residential projects. The area is experiencing rapid growth, with a projected 13.6% population increase by 2026, and boasts strong demographics, including average household incomes exceeding $113,000 within a one-mile radius. The property's strategic location near established retail giants like Walmart, Publix, Costco, Walgreens, and CVS further enhances its appeal and potential for attracting additional businesses. This site is ideally suited for a live-work-play environment, capitalizing on the burgeoning Murfreesboro community and its proximity to Nashville. Pricing is available upon request. This is a rare chance to acquire a substantial land holding in one of Tennessee's fastest-growing areas.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Murfreesboro
- County
- Rutherford
- State
- Tennessee
- Longitude
- -86.4784
- Latitude
- 35.8036
