PRICED $35,000+ BELOW RECENT APPRAISED VALUE! NEW APPRAISAL ON HAND. May be transferable to buyer with an acceptable offer. Exceptional opportunity to own approximately 1.12 acres with commercial development potential and possible residential use. This lot offers excellent visibility along a highly traveled corridor with an Annual Average Daily Traffic count of approximately 16,976 vehicles. Property records indicate public water/sewer, electricity, and natural gas are available in the area. Conveniently located near Historic Downtown Lebanon, shopping, dining, local businesses, and I-40. The surrounding mix of commercial and residential properties creates a variety of potential use, including commercial development, professional or office use, investment, residential use where permitted, or future redevelopment.
| MLS # | 3530954 |
|---|---|
| Listing Type | For Sale |
| Style | Unimproved Land |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 19 |
| Listing Provided By | Reliant Realty ERA Powered | Bridgette Vega |
| SQ Feet | 48,787 |
|---|---|
| Zoning | CG |
| Acreage | 1.12 |
| State | TN |
|---|---|
| County | Wilson County |
| City | Lebanon |
| Zip Code | 37087 |
| Area | Wilson County | TN |
| Listing VS Median (in 37087) | |
Price: $650,000 low | high Med: $489,900 sqft: 48,787 low | high Med: 1,857 $ / sqft: $13 low | high Med: $264 On site: 19 low | high Med: 180 | |
| State | TN |
|---|---|
| County | Wilson County |
| City | Lebanon |
| Zip Code | 37087 |
| Area | Wilson County | TN |
| Listing VS Median (in 37087) | |
Price: $650,000 low | high Med: $489,900 sqft: 48,787 low | high Med: 1,857 $ / sqft: $13 low | high Med: $264 On site: 19 low | high Med: 180 | |