3050 Medical Ctr Pkwy Murfreesboro, TN 37129-3943
Property profile & analytics
3050 Medical Ctr Pkwy Murfreesboro, TN 37129-3943
- Office buildings
- 32,580 SF
- 4.26 lot acres
Property ID
US80-1032014
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- TSBDC Murfreesboro Center / Business Service Center
- Rutherford Arts Alliance / Association / Organization
- Rutherford County Chamber of Commerce / Business Service Center / Advocacy Group
- Rutherford County Economic Development / County Government Office
- United Ways of Tennessee / Association / Organization
Property Details for 3050 Medical Ctr Pkwy
- Year built
- 2010
- Construction
- FRAME
- Lot size
- 4.26 lot acres
- Property size
- 32,580 SF
- Property type
- Office buildings
- APN
- 079-062.02-000
- APU
- 7906202000
Description
This exceptional 118.55-acre commercial land parcel presents a unique investment opportunity in the thriving Rutherford County, Tennessee market. Priced at $4,000,000 ($33,500/acre), this property boasts a highly desirable location, offering significant development potential. Currently zoned for agricultural use, the land presents a blank canvas for future commercial projects. Its strategic positioning provides excellent visibility and accessibility. The property features 500 feet of frontage on Highway 96/Franklin Road and an additional 200 feet of frontage on Almaville Road, ensuring high traffic exposure. Its convenient location between Interstate 840 and Highway 96 provides easy access to major transportation arteries. Furthermore, its proximity to the established job markets of Murfreesboro, Franklin/Cool Springs, La Vergne, and Smyrna makes it an attractive location for businesses seeking a strategic foothold in a rapidly growing region. The rectilinear shape of the property is developer-friendly, simplifying planning and construction. The property's central location relative to Almaville, Triune, Blackman, and Arrington further enhances its appeal. Built in 1900, this land offers a chance to build something new in a prime location. This is a rare opportunity to acquire a substantial land holding in one of Tennessee's fastest-growing counties.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,420,000
- AI Estimate
- $4,391,000
Market price range: $3.93M - $7.80MMarket price range: $1.85M - $6.75M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,420,000 Current use
- RETAIL STORES
- $6,735,000 Change: +24% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $6,700,000 Change: +24% Conversion: Difficult
- MEDICAL BUILDING
- $6,065,000 Change: +12% Conversion: Easy
- AUTO REPAIR, GARAGE
- $5,835,000 Change: +8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Murfreesboro
- County
- Rutherford
- State
- Tennessee
- Longitude
- -86.449
- Latitude
- 35.8669
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$0.00
$0.00
$0.00
-
$3,081,700
$5,557,800
$8,639,500
