728 Old Salem Rd, Murfreesboro TN, 37129

Active

728 Old Salem Rd

Murfreesboro TN, 37129

$2,300,000

$37.71 per sqft

Active

1.4 Acres

Land

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.

2748112

MLSⓇ ID

October 14, 2024

Listed

October 15, 2024

Updated

Map

728 Old Salem Rd
Murfreesboro TN, 37129

Exterior/Building Features

Lot Size: 1.4 Acres
Lot Features: Corner Lot, Level, Sloped
Sewer: Public Sewer

School Information

High School: Rockvale High School
Elementary School: McFadden School Of Excellence

Other Property Details

Taxes: $248
Tax Frequency: Annually
Garage: No
View: Yes
View Description: City
County: Rutherford County, TN
Water Source: Public
Pool: No
Zoning: Hvy Indust

Listed by Lydia Sims, Sims Commercial Realtors & Auctioneers

Based on information submitted to the MLS GRID by Middle Tennessee Regional Multiple Listing Service as of 10/15/2024, 1:18 AM UTC. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.