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Listed by Lydia Sims • Sims Commercial Realtors & Auctioneers
$2,300,000
Est. payment /mo
1.4 Acres Lot
Active
728 Old Salem Rd Murfreesboro, TN 37129
UPDATED:
10/16/2024 06:09 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Robert Huddleston Sub
MLS Listing ID 2748112
HOA Y/N No
Annual Tax Amount $248
Lot Size 1.400 Acres
Acres 1.4
Lot Dimensions 400 X 150 IRR
Property Description
These six contiguous parcels totaling 1.4+/- AC in central Murfreesboro with all utilities accessible are available for purchase. 3 of the parcels are zoned Heavy Industrial and 3 are zoned multi-family. The property is a unique opportunity for builders, developers, and investors seeking an urban redevelopment project. This could also be an ideal situation for business owners seeking a new corporate location. The property has 60+ ft of frontage on Old Salem Rd and 420+ ft of frontage on Douglas Ave. The location is squarely in a Qualified Opportunity Zone in a largely industrial area, just west of the historic Bottoms Community and the ongoing Town Creek Project (see links for details). Owner will consider subdivision by existing zoning. The rental income currently being generated by the properties are testament to the desirability of the area.
Location
State TN
County Rutherford County
Zoning Hvy Indust
Interior
Fireplace N
Exterior
Utilities Available Water Available
Waterfront false
View Y/N true
View City
Private Pool false
Building
Lot Description Corner Lot, Level, Sloped
Sewer Public Sewer
Water Public
Schools
Elementary Schools Mcfadden School Of Excellence
Middle Schools Rockvale Middle School
High Schools Rockvale High School
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