2310 New Salem Highway

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2310 New Salem Highway

Murfreesboro, TN 37128
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 2.9 acres <ul><li>​Hard Corner Commercial Lot on High Traffic Corridor</li><li>​±2.9 Acres of Commercial Land (2 tracts)</li><li>​Sale Price: $1,550,000 ($12.89 /SF)</li><li>​±450 Feet of Frontage on New Salem Hwy</li><li>​>20,000 Cars (Average Daily Traffic)</li><li>​Zoning: Commercial Services (CS) in the County</li><li>​ Great location near I-24</li><li>​Located on the High-Growth New Salem Highway</li><li>​*Corner 1.24 Acres has some CC&Rs</li></ul>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times