1536 Joe B Jackson PkwyMurfreesboro, TN 37127

Property Details for 1536 Joe B Jackson Pkwy

Year built

2012

Construction

FRAME

Lot size

0.49 AC

Property size (Sq ft)

1,500 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

126-048.09-000

APU

12604809000

Description

This exceptional Murfreesboro, TN property, located at 1536 Joe B Jackson Pkwy, zip code 37127, presents a prime retail and restaurant investment opportunity. The property, known as Jackson Village, offers a total of 9,000 square feet of space, divided into two suites. Each suite boasts a minimum divisible space of 1,500 square feet, making it ideal for a variety of businesses. The property's location in Rutherford County ensures high visibility and accessibility, attracting a substantial customer base. The building's design is well-suited for both restaurant and retail operations, offering ample space for both front-of-house and back-of-house functions. The multiple tenancy structure allows for flexibility in leasing arrangements, catering to diverse business needs. This property is perfect for entrepreneurs seeking a thriving location in a rapidly growing area. The address is easily accessible from major roadways, ensuring convenient access for customers and employees alike. This is a rare opportunity to secure a well-positioned commercial property in a desirable Tennessee market. The property's size and layout provide significant potential for growth and profitability. Serious inquiries are encouraged to explore this exciting investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $380,918

  6.5%

  $351,617

  7%

  $326,501

• Comparable approach

  Method

  Valuation

  Relative Method

  $325,382

  Geo Method

  $325,382

• Alternative Use

  Use

  Valuation

  Residential

  $296,602

  Hospitality

  $271,686

  Educational

  $226,039

  Medical

  $233,813

  Retail

  $351,617

Location Insight

City

Murfreesboro

County

Rutherford

State

Tennessee

Latitude

35.7861

Longitude

-86.3683

CBSA code

34980

CBSA name

NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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