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 16, 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
Days on Market
1
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
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