Capstone is pleased to present the Farmhouse Downs at Murfreesboro development site, a +222.5-acre site permitted for 391 single-family detached lots located near John Bragg Hwy (15,723 VPD) and S Rutherford Blvd (25,921 VPD) in Murfreesboro, TN. Current ownership has acquired and completed the necessary plans, approvals, and permits, along with attaining an approved STEP system, leaving the site shovel-ready and primed for new ownership. In addition to having a highly sought-after school district in Murfreesboro, TN, Farmhouse Downs at Murfreesboro possesses extremely favorable 1-, 3-, and 5-mile demographic data and forecasts. Additionally, Murfreesboro has seen a 48.5% rise in single-family homes built after 2010 since 2021, with neighboring single-family detached homes selling over $500,000. The Farmhouse Downs at Murfreesboro development site is set for investors to break ground within an alluring submarket that continues to trend positively.

Investment Highlights:

Shovel-Ready Site with Completed Construction Permits & Planning

Exceptional Submarket Demographics

Nearby Single-Family Home Sales Growing 49% Since January 2021

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