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Property profile & analytics
OFF-MARKET
Commercial real estate

3021 New Salem Hwy Murfreesboro, TN 37128

10.3 ac lot
Property ID
US80-1909898
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 10.3 ac (448,668 SF)
UPID US80-1909898
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Salem RV & Boat Covered Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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