3021 New Salem Hwy Murfreesboro, TN 37128
This exceptional 10.3-acre commercial land parcel presents a remarkable investment opportunity in Murfreesboro, Tennessee. Ideally situated at 3021 New Salem Highway, this property boasts unparalleled visibility and accessibility. Zoned for Commercial Highway use, it offers significant development potential for a wide range of businesses. The expansive lot features 875 feet of frontage on New Salem Highway and an additional 700 feet of frontage on Veterans Parkway, ensuring high traffic exposure and excellent brand visibility. Its strategic location provides easy access to Murfreesboro's thriving business community and State Route 840, facilitating seamless connectivity throughout the region. The property's size and zoning make it suitable for a variety of commercial ventures, from retail and restaurants to office spaces and light industrial uses. This is a rare opportunity to acquire a substantial commercial land holding in a rapidly growing area with exceptional highway frontage and convenient access to major transportation arteries. The asking price is $1,995,000. The property is located in Rutherford County, Tennessee, with a zip code of 37128. Its geographical coordinates are latitude 35.803325 and longitude -86.4754894. Don't miss this chance to secure a prime piece of commercial real estate in a highly desirable location.
-
Salem RV & Boat Covered Storage Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.