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    706 North Spalding Ave Lebanon, KY 40033

    New
    For Sale
    $109,900

    Vacant Land - Lebanon, KY

    Lot size:
    2.40 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 706 North Spalding Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    200
    Parking features
    Garage
    Lot size
    2.40 Acres

    Building Details

    Architectural style
    Other

    Exit Realty McCauley (270) 692-8800

    Listing agent Larry McCauley (270) 692-8800

    Listing date Dec 2, 2025

    MLS# 11159792 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Vacant Land Opportunity

    This 2.4-acre vacant commercial land is located just off the bypass and next to the new Head Start in Lebanon, KY. Zoned B-2, the lot is positioned in a prime location suitable for multiple uses. The property benefits from its proximity to schools, the bypass, and local industry, making it a potentially valuable site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Dental Office Auto Repair Shop Gym & Fitness Wholesale Shop Hotel & Motel Auto Parts Store Bar & Pub Daycare Center Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Marion
    State
    Kentucky
    Longitude
    -85.247881
    Latitude
    37.58685

    Nearby Similar for Sale

    • $899,000
      Pending

      Mixed-Use Building in Downtown Lebanon

      Two-story mixed-use building with restaurant and apartments in downtown Lebanon.
      202 W Main St, Lebanon, KY 40033
      View Details

    FAQs

    What type of property is this?
    Land - B-2 lot in prime location near bypass and schools.
    Where is this land located?
    The property is located at 706 North Spalding Ave Lebanon, KY.
    What is the asking price?
    The asking price for this property is $109,900.
    What are key features of this property?
    This property features: - B-2 Lot with potential for multiple uses.; - Prime location just off the busy bypass.; - Located next to the new Head Start.
    (270) 692-8800
    Request Owner's contact information
    706 North Spalding Ave Lebanon, KY 40033
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    Lebanon, KY 40033
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    706 North Spalding Ave Lebanon, KY 40033
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