$408,500

507 NW Broad St

Murfreesboro TN, 37130

Description

POTENTIAL 10-11% CAP Rate. Property includes 2 spaces available for rent with a billboard included that is leased with national billboard company. Property has a potential monthly income of $42.6k a year. Excellent owner / operator opportunity. Traffic count by business was 37,256 cars a day per latest count in 2018.

Details

MLS#2193785
Listing TypeFor Sale
Sub-TypeResale
StatusUnder Contract - Showing
Year1967
Days On Site21

Features

SQ Feet1,696
ZoningCommercial
Acreage0.25
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Area Information
StateTN
CountyRutherford County, TN
CityMurfreesboro
Zip Code37130
Listing VS Median (in 37130)
Price:
$408,500
low | high
Med:
$275,000
82.680538555692% of Average
SqFt:
1,696
low | high
Med:
2,048
29.245283018868% of Average
$ / SqFt:
$241
low | high
Med:
$134
94.251070991432% of Average
On Site:
21
low | high
Med:
20
100% of Average
Listing Updated: 10/15/2020
Steve Poe LogoMLS Number: 2193785
Listing Provided By:
Steve Poe  of  United Country Real Estate Leipers Fork

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Greater Nashville Association of REALTORS®.