1412 Gateway Blvd Murfreesboro, TN 37129
- Commercial land
- 3.57 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1412 Gateway Blvd
- Lot size
- 3.57 lot acres
- Property type
- Commercial land
- APN
- 091H-B-004.00-000
- APU
- 091HB00400000
Description
This exceptional 6.37-acre commercial land parcel presents a unique investment opportunity in Murfreesboro, Tennessee. Located in the heart of the Gateway Corridor, this property boasts a prime location, zoned for mixed-use development, and offers significant potential for a variety of commercial ventures. The asking price is $5,549,544, translating to $20 per square foot. The seller is willing to divide the land, providing flexibility for various project sizes and investor needs. This highly desirable area benefits from exceptional visibility and accessibility, situated just one block from St. Thomas Rutherford Hospital and The Fountains. A traffic light at the entrance to St. Thomas Rutherford Hospital ensures convenient ingress and egress. Furthermore, the property is adjacent to the future site of a Bourbon Brothers Restaurant/Entertainment complex and a 4,500-seat amphitheater, promising significant future foot traffic and increased property value. This strategic location, combined with the flexible zoning and the owner's willingness to divide the land, makes this an unparalleled opportunity for developers and investors seeking a high-impact commercial investment in a rapidly growing area of Murfreesboro. The property is situated at 1412 Gateway Blvd, Murfreesboro, TN 37129, in Rutherford County.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Murfreesboro
- County
- Rutherford
- State
- Tennessee
- Longitude
- -86.4211
- Latitude
- 35.8574
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
