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Property profile & analytics
OFF-MARKET
Commercial real estate

3602 Shelbyville Hwy Murfreesboro, TN 37127

8.08 ac lot
Property ID
US80-3425610
Property summary
AI-generated overview

This exceptional 8.08-acre commercial land parcel presents a unique investment opportunity in Murfreesboro, Tennessee. Located at 3602 Shelbyville Hwy, zip code 37127, this property boasts a highly desirable mixed-use zoning designation, offering considerable flexibility for development. The asking price is $5,995,000. A key advantage is the owner's willingness to divide the land, catering to various project scales and investor needs. The site benefits from an enviable location next to the new Murfreesboro Medical Clinic South, ensuring high visibility and potential for significant foot traffic. Further enhancing its appeal is the presence of a traffic light at the intersection of Tiger Hill Road, optimizing accessibility. High traffic counts, approximately 31,924 vehicles, underscore the property's strategic position within a bustling commercial corridor. This presents a rare chance to acquire a substantial land holding in a rapidly growing area with excellent infrastructure and proximity to key amenities. Serious inquiries are encouraged to explore the possibilities of this remarkable development opportunity.

Property profile
Verified
Property type Commercial real estate
Lot 8.08 ac (351,965 SF)
UPID US80-3425610
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
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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