3602 Shelbyville Hwy Murfreesboro, TN 37127
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.