728 Old Salem Road

Murfreesboro, TN 37129

$2,300,000
Price
60,984 / 1.4
Lot Size / Acres
an aerial view of a house
a picture of a living room
a view of a street
a view of a house with a yard
a view of a house with a street
a view of a house with a big yard plants and trees
a front view of a house with garden
a front view of a house with a yard and a garage
a front view of a house with a yard and garage
a front view of a house with a yard and street

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....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.
  1. Listed by Lydia Sims • Sims Commercial Realtors & Auctioneers • 6152257816
  2. Listed by Larry Sims • Sims Commercial Realtors & Auctioneers

Property Details for 728 Old Salem Road

Subdivision Name
Robert Huddleston Sub
View
City
Waterfront
No
LISTING UPDATED: 10/16/2024 01:09 PM

Property Details for 728 Old Salem Road

StatusActive
MLS #2748112
Days on Market38
Taxes$248 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size1.40 AC
CountyRutherford County

Building Information for 728 Old Salem Road

Lot Size1.40 AC

Property Information for 728 Old Salem Road

Summary
Location and General Information
  • Directions: From I-24, take exit #80 (New Salem Hwy/TN-99) and travel N on TN-99 appx .5 mi to Industrial Dr. Turn R on Industrial Dr. Turn L on Old Salem Rd. Property is on L at corner of Old Salem Rd and Douglas Ave and includes six contiguous parcels offered.
  • Elementary School: McFadden School Of Excellence
  • High School: Rockvale High School
  • Middle Or Junior School: Rockvale Middle School
  • Mlg Can View: Yes
  • Topography: CORNR,LEVEL,SLOPE
  • Zoning: Hvy Indust
  • Road Frontage Type: City Street
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Lot Information
  • Current Use: Other
  • Lot Features: Corner Lot, Level, Sloped
  • Lot Size Source: Calculated from Plat
  • Lot Size Units: Acres
  • Parcel Number: 102B C 03602 R0064369
  • Road Surface Type: Paved
  • Lot Size Area: 1.4
Property and Assessments
  • Documents Count: 1
  • Possession: Close Of Escrow
Utilities
  • Cooling: No
  • Heating: No
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Attached Garage: No
  • Exterior Features: No Dock
  • Pool Private: No
  • View YN: Yes

Property History for 728 Old Salem Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 728 Old Salem Road

Taxable ValueLand$8,750Additions-Total$8,750
Tax Record2023$247 ($21 / month)
Home Facts
Beds0Total Finished SqFt783 SqFtAbove Grade Finished SqFt783 SqFtStories1Lot Size5,505 SqFtStyleResidentialYear Built1942CountyRUTHERFORDAPN102B-C-036.02-000

Schools near 728 Old Salem Road

This home is within Rutherford County School District.
Rating
School
Type
Grades
Distance
Mitchell Neilson
Public - PK to 6
Rockvale Middle School
Public - 6 to 8
Holloway High School
Public - 9 to 12
Mcfadden School Of Excellence
Public - K to 5
Rating
School
Distance
Mitchell Neilson
PublicPK to 6

Rockvale Middle School
Public6 to 8

Holloway High School
Public9 to 12

Mcfadden School Of Excellence
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 728 Old Salem Road, Murfreesboro, TN 37129

728 Old Salem Road is a 1.4 ac of land for sale in Murfreesboro, TN 37129. This property was listed for sale on August 22, 2024 by Sims Commercial Realtors & Auctioneers, it's currently listed at $2,300,000. It has been on the market for a total of 38 days and was last sold on August 25, 2016. This listing's school districts are Rutherford County School District, Murfreesboro School District. Nearby schools include Mitchell Neilson, Rockvale Middle School and Holloway High School. 728 Old Salem Road is a 0-bed, 0-bath, 1.4 ac of land on a 60,984 sq. ft. / 1.4 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sims Commercial Realtors & Auctioneers, Lydia Sims (615.225.7816); Sims Commercial Realtors & Auctioneers, Larry Sims (615.300.8321)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 10/16/2024 01:09 PM