Luke Ct, Murfreesboro, TN 37128

$950,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$950,000
Status
ACTIVE
MLS#
3499824
Days on Market
1
Lot Size
81,457
Acres
1.87
County
Rutherford County

Property Description

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.

Additional Information

Subtype
Unimproved Land
Zoning
commercial
Type
Commercial

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass RE.

board logo

Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.