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Investment Highlights

  • Approximately 500 feet of frontage along New Salem Highway.
  • Convenient access to Interstate 24 via Exit 80.
  • Strong visibility from a roadway carrying approximately 14,134 ADT.
  • Planned future signalization at Salem Creek Drive.
  • Located within an established and expanding Murfreesboro corridor.
  • Surrounded by residential and community-serving development.

Executive Summary

Located along New Salem Highway in Murfreesboro, this ±3 to ±4 acre development opportunity offers a highly visible position within one of the city's established growth corridors. The property features approximately 500 feet of frontage on New Salem Highway, providing strong exposure to daily traffic and convenient access for a variety of commercial or mixed-use development concepts.
The site benefits from its proximity to Interstate 24 via Exit 80 and is surrounded by a growing concentration of residential neighborhoods, churches, schools, and community-serving uses. Murfreesboro is one of Tennessee's largest and fastest-growing cities, serving as a major employment and residential hub within the Nashville metropolitan area. The property's location along a well-traveled corridor supports accessibility for future customers, employees, and residents while providing connectivity to regional transportation routes.
An additional advantage is the planned future signalization at Salem Creek Drive, which is expected to enhance traffic flow and site access. Nearby development activity and continued residential expansion in the surrounding area contribute to sustained demand for commercial services and new investment. Demographic data within the immediate trade area reflects a substantial residential base and household income profile that supports a broad range of potential uses.
This offering presents an opportunity to acquire a well-positioned land parcel with frontage, visibility, and access characteristics that are increasingly difficult to replicate within the Murfreesboro market.

Property Facts

Price $4,356,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 4.00 AC

1 Lot Available

Lot

Price $4,356,000
Price Per AC $1,089,000.00
Lot Size 4.00 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
114-018.01-000
Land Assessment
$106,300
Improvements Assessment
$10,631,100
Total Assessment
$10,737,400
  • Listing ID: 41549799

  • Date on Market: 8/4/2026

  • Last Updated:

  • Address: 2511 New Salem Hwy, Murfreesboro, TN 37128

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