515 College St Murfreesboro, TN 37130-3537
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.
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Howse Small Engine Repair (Bike/Boat/Book/etc) Store Garden Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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.