Thank you
Ross Welch
Zeitlin Sothebys International Realty
615-794-0833
New Lower Price!!!!! INVESTMENT POTENTIAL! Located just west of downtown Lebanon. This 4.99 acre tract has access to city water, electric and sewer on Lebanon Road, as well as, 440 feet of road frontage. The property is currently zoned RS20 and lies within Lebanon's Future Proposed Land Use document with the proposed use of High Density Residential. In this area, rezones have been common with parcels close being rezoned to multifamily and CN (Commercial Neighborhood). Would be a prime site for self storage or townhomes as Lebanon continues to grow rapidly. Plenty of visibility from the road and large traffic counts lend commercial potential and viability. Buyer and Buyers Agent to verify all pertinent information.
WaterSource: Public
Lot Description: Level
Lot Size Area: 4.99
Lot Acres: 4.99
Property Type: Land
Original List Price: $850000
Annual Tax: $1425
Elementary School: Coles Ferry Elementary
Junior High School: Walter J. Baird Middle School
Senior High School: Lebanon High School
Water Available
Sewer: Public Sewer
Water Source: Public
Subdivision: Forest of Lebanon Ph 1A
City: Lebanon
Direction: From Nashville: Take I-40 East Towards Knoxville, Exit onto Highway 109 North Towards Gallatin. Make a Right on US-70 (Lebanon Road) Headed East. Property on right accessed by Prowell Lake Rd.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Hunters Point Park, Lebanon, TN,37087 | $1,250,000 | -- | -- | -- | 5.01 Acres |
Lebanon Rd, Lebanon, TN,37087 | $1,500,000 | -- | -- | -- | 2.64 Acres |
1211 Ben Forkum Dr, Lebanon, TN,37087 | $694,900 | 4 | 3 | 2,764 | 0.27 Acre |
1215 Ben Forkum Dr, Lebanon, TN,37087 | $709,900 | 4 | 3 | 4,044 | 0.26 Acre |
1013 Quillen Way, Lebanon, TN,37087 | $863,450 | 4 | 4 | 3,048 | 0.22 Acre |
Cainsville Road, Lebanon, TN,37087 | $135,900 | -- | -- | -- | 10.72 Acres |
1915 Appomattox Dr, Lebanon, TN,37087 | $130,000 | -- | -- | -- | 0.49 Acre |
5290 Hickory Ridge Rd, Lebanon, TN,37087 | $2,990,000 | 5 | 3 | 4,642 | 24.46 Acres |
4650 Lebanon Rd, Lebanon, TN,37087 | $150,000 | -- | -- | -- | 0.7 Acre |
521 S Maple St, Lebanon, TN,37087 | $210,000 | 1 | 2 | 1,000 | 0.44 Acre |
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Based on information submitted to the MLS GRID as of 05/16/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 05/16/2024 @ 06:20
MLS: REALTRAC #2561715
LISTED BY: Ross Welch, Zeitlin Sothebys International Realty
SOURCE: REALTRAC (RT RealTracs)
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.