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4850 Lebanon Rd Hermitage, TN 37076

Sponsored
For Sale
$199,000

Prime Commercial Lot, High Traffic Area, Reduced Taxes.

Property size:
47,916 SF

Description

Added:
Feb 3, 2025
Days on Market:
337
This exceptional 1.1-acre commercial lot, located at 4850 Lebanon Rd in Hermitage, Tennessee, presents a remarkable investment opportunity. Boasting a sizable 47,916 square feet, this vacant land is ideally situated in a high-traffic area, making it perfect for a variety of commercial ventures. The property's previous high property taxes have been significantly reduced following a recent assessment by the tax assessor, representing substantial savings for the new owner. The site's potential is further enhanced by its proximity to a newly constructed strip center, indicating a thriving and growing commercial environment. This location is particularly well-suited for restaurants, fast-food establishments, or similar businesses seeking high visibility and accessibility. The motivated seller is eager to finalize a sale, making this an exceptional opportunity to acquire a prime commercial property at a reduced price. Don't miss this chance to secure a valuable piece of Hermitage real estate in a dynamic commercial corridor. The property is ready for immediate development, offering significant potential for return on investment. Serious inquiries are encouraged.

Property Features for 4850 Lebanon Rd

General Information

Property type
Other commercial real estate
Square Feet
47,916 SF
Lot Size
47,916 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Hermitage
County
Davidson County, TN
State
Tennessee
Longitude
-86.5866
Latitude
36.21563

FAQs

What type of property is this?
Commercial real estate - Prime Commercial Lot, High Traffic Area, Reduced Taxes.
Where is this commercial real estate located?
The property is located at 4850 Lebanon Rd Hermitage, TN.
What is the asking price?
The asking price for this property is $199,000.
More about this property
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