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    Hartmann Dr Lebanon, TN 37087

    For Sale
    $3,500,000

    8.46 Acres, Commercially Zoned, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 8.46-acre commercial property presents a unique investment opportunity in Lebanon, Tennessee. Ideally situated just beyond Lebanon High School and directly across from a park, this location boasts unparalleled visibility and accessibility. The property is commercially zoned, offering a wide range of development possibilities. A renewed variance from the city has been obtained, streamlining the approval process for prospective buyers. Detailed site plans are available for review upon request, providing comprehensive information on potential uses and layouts. The property's prime location, combined with its zoning and the readily available site plans, makes it an attractive prospect for various commercial ventures. Furthermore, the seller is open to considering offers for the sale of the property in parcels, providing flexibility for investors with varying needs and budgets. This presents a rare chance to acquire a significant commercial land holding in a thriving community with excellent demographics and strong growth potential. The high visibility afforded by its location near the high school and park ensures maximum exposure for any commercial development. Don't miss this opportunity to secure a prime piece of Lebanon real estate. Contact us today to learn more and schedule a site visit.

    Property Features for Hartmann Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    368,518 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lebanon
    County
    Wilson County, TN
    State
    Tennessee
    Longitude
    -86.32204
    Latitude
    36.21338

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    FAQs

    What type of property is this?
    Commercial real estate - 8.46 Acres, Commercially Zoned, High Visibility
    Where is this commercial real estate located?
    The property is located at Hartmann Dr Lebanon, TN.
    What is the asking price?
    The asking price for this property is $3,500,000.
    (615) 208-3285
    Request Owner's contact information
    Hartmann Dr Lebanon, TN 37087
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    Lebanon, TN 37087
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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
    Hartmann Dr Lebanon, TN 37087
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