426 Murfreesboro Pike

Beau Beach, MBA CCIM presents:

This hard-to-find .47 acre parcel is perfectly sized and zoned for an apartment development or other commercial uses.

This prime real estate is located in the quickly gentrifying Murfreesboro Pike corridor.  Traffic counts exceed 22,000 vehicles per day.

Two miles (less than 10 minutes) from downtown Nashville on a straight route with no need for highway driving.  Less than a mile from Trevecca University.  Two miles from The Gulch.  Just four miles from the massive Nashville Yards development which is home to more than 3.5 million square feet of office space – including Amazon’s new Nashville HQ.

Murfreesboro Pike provides spectacular amenities to future apartment residents or employees.  Superb access to I-65 and I-24/I-40.

Zoning

The buyer may choose to proceed with “Specific Plan” zoning approval or work within the standards set by the existing CS zoning.

The property is zoned CS (Commercial Services) with one overlay OV-UZO (Urban Zoning Overlay District).

CS Zoning permits apartment development with conditions.  No density or floor area ratio applies to new residential construction.  OV-UZO removes the parking requirements.  

The property is located in an “Urban Services District” which qualifies it for Metro’s “Adaptive Residential Provision”.  This provision encourages adaptive reuse of commercial areas by creating a “by-right” planning phase for high density mixed-use or residential development.  This expedites the zoning approval process.

Lee Motel

The Lee Motel was built in 1945 and is still in operation today.  19 rooms plus updated owner’s suite.  Average Daily Rate = $80 to $85.

The property is being sold for its land value.  No seller financing available.  We will not be providing financial reporting for the motel, however you may contact Beau for guidance on the true cash flow from the current motel use.

$3.1B Transit Plan

Nashville’s “Choose How You Move” transit plan is a transformative $3.1 billion investment that promises to significantly uplift Murfreesboro Pike.

Combined with new sidewalks, safer crossings, and dedicated transit infrastructure, these enhancements aim not only to speed up commutes but also to create a more accessible, equitable, and dependable transit experience along one of Nashville’s busiest corridors.

These improvements are likely to boost foot traffic, transit access, pedestrian friendliness, and overall corridor desirability – which tends to support higher valuations.

Buyer to receive $5,000 Convenience Credit

Buyer will receive a $5,000 credit at closing if our brokerage manages the entire transaction.  We must prepare all the paperwork.

This is a land sale only.  The property is currently home to a profitable motel.  No value assigned to existing motel buildings.  Sold as-is.  No motel financial reporting will be provided.  Located in an Opportunity Zone.

Between transit upgrades, infrastructure spending, zoning flexibility, and strong local demand, Murfreesboro Pike stands out as a corridor poised for long-term value appreciation through redevelopment.

Call Beau at 615-200-9330 or email with all questions.