Cherry Lane Development Site

Cherry Lane Development Site

Murfreesboro, TN
Available
  • Property Type: Development/Land
  • Property Size: / 10.62 Acres / 70 Sites

Overview

Capstone Land Sales is pleased to present: Cherry Lane Development Site, a fully entitled, 10.62-acre townhome site in Murfreesboro, Tennessee. Situated along Cherry Lane Drive, the site will immediately benefit from the $70 million multi-phase Cherry Lane expansion that will expand to Interstate 840. Once complete, the site will have convenient interstate access, benefiting residents for years to come. Over the last five years, the median sale price of townhomes in Murfreesboro has increased over 70%. With townhome inventory levels at a five-year low, the development site is poised to deliver much needed inventory to a robust market. 

Investment Highlights

In-Place RS-A2 Zoning | 10.62 Acres

Major Cherry Lane Drive Expansion

Demographics, Population Growth, & Townhome Price Appreciation

Unmatched Connectivity & Retail Proximity

Contact Information

Austin Heithcock Investment Sales Advisor P: 615.477.1971
O: 800.746.3175 ext. 721
h.austin@capstone-companies.com
Luke Searcy Investment Sales Advisor P: 731.592.9573
O: 800.746.3175 ext. 724
luke@capstone-companies.com
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