Foundation West Development – 400+/- Acres – New Salem Hwy – Murfreesboro
- Foundation West offers an expansive tract of ready-to-develop land in a rapidly growing community in proximity to Nashville. The 400-acre property is zoned to accommodate multi-family, single-family, office, and other commercial developments in a true mixed-use, live-work-play environment perfect for the ever-expanding Murfreesboro community. Buyers will find that they can capitalize on major road frontage on New Salem Highway/Highway 99 and Veterans Parkway, which is Murfreesboro’s connector that runs from I-24 E around to I-40. New Salem Highway is the highest growth corridor in the area, as featured by the nearby new school complex and the host of new and major residential and commercial developments that promise to make the community one of the densest in the Nashville metro. This explosive growth is exemplified by a 13.6% projected growth in population by 2026 that’s accentuated by average household incomes of $113,541 and $96,193 within a mile and five-mile radius of the property, respectively. These enviable demographics have attracted household retail names, such as Walmart Neighborhood Center, Publix Super Market, Costco Wholesale, Walgreens, and CVS, which are a stone’s throw from the property and will continue to attract other traffic generators to the area. Take advantage of a sizable tract of land that’s zoned for mixed uses in a burgeoning community at Foundation West.
- Owners Will Divide