Incredible opportunity to own a turn key commercial property just one block from the historic Murfreesboro Town Square. Positioned in one of the city's most vibrant business districts, this property offers great visibility, accessibility, and investment potential. Clean open concept inside with an exposed barrel roof, bathrooms, storage and more. Major improvements have already been completed, including a new roof, HVAC system, and masonry work, all within the last five years, providing peace of mind and minimizing future maintenance costs. Ideal for retail, office or re-zoning. Public parkin
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is grouped with the current listings without a reported bedroom count in Murfreesboro. Its asking price falls near the 59th percentile of that active group. The comparison uses 199 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 57 days, while the current cohort averages 61 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $563,750, and the median is $265 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 407 E Vine St | Jul 20, 2026 | — | $675,000 | 0.4 mi |
| 422 N Academy St | May 28, 2026 | 3 bd · 3,604 sqft | $950,000 | 0.4 mi |
| 512 E College St | Jun 30, 2026 | 3 bd · 2,432 sqft | $647,500 | 0.5 mi |
| 534 N Maney Ave | Jul 3, 2026 | 4 bd · 2,677 sqft | $480,000 | 0.5 mi |
| 521 Reid Ave | Jul 6, 2026 | 2 bd · 928 sqft | $205,000 | 0.6 mi |
| 627 E Sevier St | Jun 10, 2026 | 2 bd · 891 sqft | $260,000 | 0.7 mi |
| 707 N Highland Ave, N | Jul 13, 2026 | 2 bd · 1,020 sqft | $295,000 | 0.7 mi |
| 507 N University St | Aug 6, 2026 | — | $1,000,000 | 0.7 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Location reference points
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
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