4058 Franklin Rd Murfreesboro, TN 37128
Property profile & analytics
4058 Franklin Rd, Murfreesboro, TN 37128
- Drug stores
- 13,476 SF
- 1.76 lot acres
Property ID
US80-0379200
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
- MinuteClinic at CVS / Medical Clinic
- CVS / Pharmacy
- CVS Photo / (Bike/Boat/Book/etc) Store / Printing Service
- Coinhub Bitcoin ATM Teller / Atm
- CDReload - Online Bitcoin ATM / Atm / Money Transfer Service
Property Details for 4058 Franklin Rd
- Year built
- 2008
- Construction
- FRAME
- Lot size
- 1.76 lot acres
- Property type
- Drug stores
- APN
- 092-044.07-000
- APU
- 9204407000
Description
This exceptional one-acre commercial lot, located at 4058 Franklin Road in Murfreesboro, Tennessee, presents a remarkable investment opportunity. Situated in Rutherford County, zip code 37128, this property boasts approximately 140 feet of frontage on Franklin Road (Highway 96), a major east/west corridor. Its strategic location near the intersection of Franklin Road and Fortress Boulevard ensures high visibility and accessibility. The site is conveniently accessible from Franklin Road and Fortress Boulevard via Mercy Court, offering multiple entry points. This property is adjacent to a CVS, benefiting from the established presence of a major retailer. The surrounding area is experiencing robust growth, with new retail and residential developments either planned or currently under construction, indicating a strong and expanding market. The property's location in one of Tennessee's fastest-growing markets, coupled with its proximity to a signalized intersection, makes it an ideal site for a variety of commercial ventures. The asking price for this prime commercial land is $900,000.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,615,000
- 6.5%
- $2,410,000
- 7%
- $2,240,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,445,000 Current use
- MEDICAL BUILDING
- $2,510,000 Change: +3% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,280,000 Change: -7% Conversion: Moderate
- OFFICE BUILDING
- $2,180,000 Change: -11% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Murfreesboro
- County
- Rutherford
- State
- Tennessee
- Longitude
- -86.4696
- Latitude
- 35.8448
- 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
$39,142
$779,160
$604,560
$1,383,720
-
$1,947,900
$1,511,400
$3,459,300
