www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24466379

3960 Shelbyville Hwy, Murfreesboro, TN 37127

BM
TN TN 379769
ParkTrust Commercial
Listed by ParkTrust Commercial
$1,750,000
361 days on market
Updated 21 days ago

Davenport

Details
APN 136-069.12-000
Property Type Land
Sub Type Commercial
Broker Co-Op Yes
Acreage 6.600
Zoning CS
Ownership Individual

6.6 Acre Commercial Lot

Marketing description

6.6-acre commercially zoned parcel with exceptional frontage on Highway 231, one of Murfreesboro’s busiest and fastest-growing corridors. Located directly in front of the expanding Davenport Farms residential development, this site offers immediate exposure to thousands of vehicles daily and a rapidly increasing local population.

The property is currently improved with a short-term, annual 1-month lease to TNT Fireworks, providing passive seasonal income while maintaining flexibility for future development or investment. With ample frontage and a level topography, this site is prime for retail, mixed-use, QSR, medical office, or service-based development.

Investment highlights

  • Strategic location with direct frontage on Highway 231, offering visibility to over 30,000 vehicles per day.

  • Commercial Services (CS) zoning allows for a wide range of uses including retail, QSR, medical office, and service-based businesses.

  • Positioned directly in front of the Davenport Farms residential development, providing a built-in and growing customer base.

  • ±6.6 acres of mostly level, usable land ideal for single-user or phased development.

  • Includes a recurring annual 1-month lease to TNT Fireworks, generating seasonal income without long-term constraints.

  • Located in one of Murfreesboro’s fastest-growing corridors with strong demographics and continued residential expansion.

  • Surrounded by national retailers and active commercial developments, creating synergy for new businesses.

  • Limited availability of comparable commercial frontage parcels on Hwy 231 enhances long-term value.

Listing Contacts

BM
TN TN 379769
ParkTrust Commercial
Listed by ParkTrust Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
CS CommercialSpecial CommercialCommercial Services
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 52 uses
View all 52 uses
Last updated Feb 5, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Blake Mitchell
License
TN 379769
Brokerage
Coldwell Banker Commercial Legacy Group
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591