Property summary
This exceptional retail property, located at 515 W College St in Murfreesboro, Tennessee, presents a unique investment opportunity. Boasting a prominent location visible from Broad Street and providing direct access to the vibrant downtown square, this property offers unparalleled exposure to high foot traffic. The 1,800 square foot building sits on a substantial 0.28-acre lot, providing ample space for expansion, outdoor seating, or additional development. The property includes a fenced area, enhancing security and providing defined boundaries. The asking price is $850,000. This property is ideal for a variety of retail uses, benefiting from its prime location in the heart of Murfreesboro's bustling downtown area. Its visibility and size make it an attractive prospect for businesses seeking a strong presence in a thriving commercial district. The combination of building and expansive lot offers significant potential for growth and return on investment. Serious inquiries are encouraged to explore this exceptional opportunity further. Don't miss out on this chance to own a piece of Murfreesboro's vibrant downtown.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Garden Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning