1620 Williams DrMurfreesboro, TN 37129
- Land
- 2.92 AC
Property Details for 1620 Williams Dr
- Lot size
- 2.92 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 091A-C-002.00-000
- APU
- 091AC00200000
Description
This exceptional 2.92-acre commercial land parcel, located at 1620 Williams Drive in Murfreesboro, Tennessee, presents a unique investment opportunity. Priced at $1,900,000 ($15/SF), this mixed-use zoned property offers unparalleled flexibility for a variety of development projects. The zoning permits the construction of office, retail, and high-density residential buildings, catering to diverse development needs. The lot boasts high visibility, situated in Murfreesboro's thriving gateway corridor, ensuring significant exposure for any future development. Its strategic location offers convenient proximity to Ascension St. Thomas Rutherford Hospital and the Murfreesboro Medical Clinic, making it an attractive location for businesses and residents alike. The property is grade-ready, with all utilities readily available, simplifying the development process and minimizing upfront costs. Adding to its appeal, the lot overlooks the picturesque Gateway Lake Park, providing a serene and desirable setting. The owner is willing to consider dividing the property, presenting further development options. This is a rare opportunity to acquire a prime commercial land parcel in a rapidly growing area with exceptional potential for significant return on investment. The property address is 1620 Williams Dr, Murfreesboro, TN 37129.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $25,150,862
- Hospitality
- $23,038,054
- Educational
- $19,167,390
- Medical
- $19,826,586
- Retail
- $29,815,942
Location Insight
- City
- Murfreesboro
- County
- Rutherford
- State
- Tennessee
- Latitude
- 35.8645
- Longitude
- -86.4222
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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