Property profile

443 River Rock Blvd Murfreesboro, TN 37128

FOR SALE
Commercial land
Property ID
US80-2568641
2.75 ac lot
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2.75-acre commercial land parcel in Murfreesboro, Tennessee, presents a lucrative investment opportunity. Located at 443 River Rock Blvd, this property boasts a highly desirable commercial zoning designation, allowing for a wide range of development possibilities. The strategic location offers unparalleled visibility and accessibility, situated conveniently off Interstate 24, ensuring high traffic exposure. A key feature of this property is the existing income-producing billboard, generating immediate revenue potential. The land's size provides ample space for future development or expansion, catering to various business needs. The address is 443 River Rock Blvd, Murfreesboro, TN 37128, within Rutherford County. The property's geographical coordinates are latitude 35.8436944 and longitude -86.4326864. This exceptional location, combined with the existing income stream and significant development potential, makes this a truly unique investment opportunity in a thriving Tennessee market. The asking price for this remarkable property is $1,800,000. Serious inquiries are encouraged to explore the full potential of this prime commercial land.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.75 ac (119,790 SF)
APN 092-077.04-000
UPID US80-2568641

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

443 River Rock Blvd Murfreesboro, TN 37128
Murfreesboro metro Census 40904 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2019
3 recorded transactions
2019
$575,000
1994
$118,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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