Development opportunity in Murfreesboro! This 85' x 120' lot is zoned RM-16, offering potential for residential development in an established area. Conveniently located near downtown Murfreesboro with easy access to shopping, dining, MTSU, and major roadways. RM-16 zoning allows for a variety of residential uses; buyer and buyer's agent to verify all zoning, permitted uses, building requirements, utilities, and development potential with the City of Murfreesboro.
Vacant landProperty Type
10,019 sq ftLot Size
$15Price/Sq.Ft.
Listed by MITCHELL BOWMAN• simpliHOM - The Results Team
Downtown Murfreesboro, located between MTSU’s campus edge and the Stones River corridor, is a historic and walkable Murfreesboro neighborhood with a courthouse square and brick-lined storefront blocks. The neighborhood’s character concentrates around the Rutherford County Courthouse and the Public Square, where independent boutiques, coffee counters, and lunch spots line the sidewalks under classic awnings. Architectural cues run from preserved late-1800s facades to tidy infill buildings that keep the streetwall intact. The Center for the Arts anchors the cultural calendar with gallery shows and stage productions. Jack Brown’s Beer & Burger Joint and Just Love Coffee Cafe add a casual, local rhythm to daytime and late-evening streets. Pocket greenspaces and civic buildings keep the district feeling grounded and lived-in.
Provided by Walk Score and Local Logic
Property details
Exterior
Exterior features
Level terrain
City street frontage
Asphalt road surface
Home design
Land
Sale and tax history for 317 Ridgely Rd
Sale History
Tax History
Date
Event
Price
REALTRACS #3591948
Sep 14, 2026
Listed
$149,900
Public Records
Apr 27, 2007
Sold
$60,000
Year
Property tax
Land + Additions
Assessment*
2025
$258
$27,500
2024
$258 (−66.1%)
$13,750
2023
$760 (+16.0%)
$13,750
2022
$655 (+20.8%)
$13,750 + $26,750
$40,500
2021
$542
$8,750 + $15,675
$24,425
2020
$542
$8,750 + $15,675
$24,425
2019
$542 (−27.2%)
$8,750 + $15,675
$24,425
2018
$745 (+46.4%)
$8,750 + $15,675
$24,425
2017
$509
$6,175 + $6,925
$13,100
2016
$509
$6,175 + $6,925
$13,100
2015
$509 (+5.2%)
$6,175 + $6,925
$13,100
2014
$484
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
85 ft.
Lot depth
120 ft.
Lot size
10,200 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Other
County
Rutherford County
APN
R0055233
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
RM-16
Residential Multi-Family District
This district is characterized by a broad range of residential housing types including single-family detached, single-family attached, two-family, three-family, and four-family dwellings up to three stories in height. Other uses such as churches, schools, and specified services associated with or compatible with the residential uses allowed in this district are also permitted subject to site plan review and approval or the issuance of a special permit therefor. The uses permitted in this district, the special uses that may be allowed in this district and the uses for which site plan review and approval are required are listed in Chart 1 unless otherwise regulated in this article. The minimum lot and yard requirements, maximum height, maximum gross dwelling unit density and the land use intensity ratios which govern any use in this district are listed on Chart 2 unless otherwise regulated in this article. The use dwelling, multiple-family is not permitted by right or special use permit in the RM-16 zoning district unless the property shall have been zoned RM-16 on or before December 31, 2017, provided that all regulations and procedures set forth in this article (Appendix A – Zoning) and all other applicable codes are satisfied.
Permitted uses
Include but are not limited to:
Agriculture-Other
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Bed & breakfast
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 106° expected this year, 20 days in 30 years
4/10 Wind Factor
9% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Murfreesboro, TN • 37130
Average low and high temperatures (°F)
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91
72
87
67
84
62
73
52
64
44
53
36
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Feb
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Apr
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Aug
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 317 Ridgely Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $190,000 and $320,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $190K to $320K.