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Executive Summary

Positioned in the heart of one of the Southeast's most dynamic growth markets, this ±1.87-acre commercial parcel on Luke Court offers a rare opportunity to secure developable land in Murfreesboro, TN. With commercial zoning and 144 ft of road frontage, the site is well-suited for retail/office / medical / mixed-use / build-to-suit development.
Murfreesboro has emerged as one of the nation's most sought-after commercial markets. The city's population reached roughly 175,000 in 2026 and continues to grow at about 2.33% annually. Rutherford County has held the title of Tennessee's fastest-growing county for eight consecutive years and, as of 2025, overtook Hamilton County to become the state's fourth most populous. Projections put the county on track to reach 500,000 residents by 2040—a demand curve that continues to drive absorption across retail, office, medical, and hospitality products.
The location benefits from Murfreesboro's diversified economy, anchored by growth in healthcare, education, logistics, and technology, along with the daytime population generated by Middle Tennessee State University. A cost of living roughly 9% below the national average continues to attract both employers and residents, reinforcing long-term fundamentals for commercial investment.
With all utilities available on-site, convenient access to [I-24 / Old Fort Pkwy / Broad St / nearest arterial], and surrounding [retail / residential / employment] density, this parcel is ideally positioned for an owner-user or developer seeking a foothold in a proven high-growth corridor.

Property Facts

Price $1,331,387 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Bank
  • Community Centre
  • Daycare Centre
  • Drugstore
  • General Freestanding
  • Healthcare
  • Health Club
  • Lodge or Meeting Hall
  • Religious Facility
Total Lot Size 1.74 AC
Zoning Commercial

1 Lot Available

Lot

Price $1,331,387 CAD
Price Per AC $765,164.97 CAD
Lot Size 1.74 AC

±1.87 Acres | Luke Court, Murfreesboro, TN 37129 Commercial Development Opportunity in Tennessee's Fastest-Growing County

Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
  • Listing ID: 41598025

  • Date on Market: 2026-08-07

  • Last Updated:

  • Address: 0 Luke Ct, Murfreesboro, TN 37128

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