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Joe B Jackson Pky
Murfreesboro, TN 37127

Corner Parcel at four-way redlight · Land For Sale · 6.20 AC

Investment Highlights

  • Just a few hundred feet from Interstate 24 ramps
  • Traffic counts keep increasing with the bulk of the population on this side of I-24
  • A Buc-ee's and QuikTrip coming as neighbors. Buc'ee's is known to draw customers and traffic.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Fast Food
  • Hold For Investment
  • Restaurant
  • Self Storage
  • Warehouse
Total Lot Size 6.20 AC
Cross Streets Butler Rd

Description

THERE WILL BE A RED LIGHT COMING IN FRONT OF THIS PARCEL! Joe B Jackson is a new road with fantastic growth potential. With Nashville/Murfreesboro busting at the seams, I-24 is exploding with new residential, commercial, and industrial growth, and this property checks all those boxes. Since its completion in 2015, traffic counts have steadily increased every year. This parcel is no exception to new growth that will create so many opportunities: Buc-ee's going in on the south side of Joe B, forcing Elam/Butler Rd realignment. The realignment will create a four-way red light intersection using a portion of this property. The city is working to realign Butler Rd simultaneously with Buc-ee's Elam Rd realignment. It's my understanding these plans are close to completion. The most current drawings I have are attached. QuikTrip owns and plans to build on the parcel east of this location. (Parcel id#125-014.05-000) They are interested in doing a property swap: In exchange for part of this parcel (Parcel id#125-014.04-000) They offer a section across the back of (Parcel id#125-014.05-000) Doing so would connect to a 3.43-acre lot we own at 2200 Butler Rd (Parcel id#126-046.02-000). The owner also has that parcel listed for $1,500,000. It's worth mentioning that you could create a 5-7+ acre lot with interstate visibility on the east side of the new Butler Rd with this trade while keeping a sizable amount of land at the corner of the new red light. My accuracy is questionable, and I wouldn't trust it if I were you, but I may still help someone visualize – I've included a rough draft of what I think it would look like after a property swap with QT.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
125-014.04-000
Land Assessment
$751,640
Improvements Assessment
$0
Total Assessment
$751,640

zoning

Zoning Code LI
LI
  • Listing ID: 25090890

  • Date on Market: 2/19/2022

  • Last Updated:

  • Address: Joe B Jackson Pky, Murfreesboro, TN 37127

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