Lebanon Road Mixed-Use
10555 Lebanon Road, Mount Juliet, TN 37122
For Sale
$575,000
1.5 acres on Lebanon Rd with mixed-use potential.
Property Size1,320 SF
Lot Size1.50 Acres
Price / SF$435.61
Days on Market226
Property Features for 10555 Lebanon Road
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Year Built
Listing Agency:
Benchmark Realty,LLC
Listed By:
Andrew Buckwalter · License #324520
(615) 973-7657
Source:
Benchmarkrealtytn
Added: Mar 27
Changed: Nov 6
Last Checked: Nov 6 at 10:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Benchmark Realty,LLC
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Investment Insights
Based on property information with market context.
Located on Lebanon Road in Mount Juliet, this 1.5-acre property offers mixed-use commercial potential. The site features a ranch-style structure that can be used for residential purposes or converted for office, retail, or professional use. The property benefits from road frontage and steady daily traffic. The single-level layout allows for conversion to office or service-based use. The lot provides flexibility for parking, expansion, or future redevelopment. The property is positioned along one of Mount Juliet’s active corridors, offering high visibility. It is suitable for entrepreneurs, investors, or owner-operators seeking a presence in a growing area. The property is to be sold as-is.
Key Highlights
- 1.5 acres of commercial mixed‑use land on Lebanon Road.
- High‑visibility location in a rapidly growing area of Mount Juliet.
- Existing ranch‑style structure suitable for residential, office, retail, or professional use.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,870
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,400
$337.4K
Cap Rate 7%
$241,000
$241.0K
Cap Rate 9%
$187,444
$187.4K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$31.7K $24.00/SF
− Vacancy
−$4.7K −$3.55/SF
EGI
$27.0K $20.45/SF
− OpEx
−$10.1K −$7.67/SF
NOI
$16.9K $12.78/SF
Area
Wilson County, TN
Vacancy
14.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,400
Cap Rate 7%
$241,000
Cap Rate 9%
$187,444
Alternative Uses
Best Use
Mixed Use
$241.0K
$210.9K – $281.2K
NOI $16,870 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.73M
$1.51M – $2.02M
NOI $121,166 @ 7.0% cap · market cap 21.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Explore this area
Business Placement
Demographics for 37122, TN
64,018
Population
25,608
Households
2.5
Avg Household Size
40
Median Age
47%
College-Educated
96%
High-School Grad
111.6 sq mi
ZIP Area
574
Density / Sq Mi
$109,306
Median Household Income
$57,218
Median Earnings
$1,840
Median Rent
$451,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 1.5 acres on Lebanon Rd with mixed-use potential.
Where is this mixed-use property located?
The property is located at 10555 Lebanon Road Mount Juliet, TN.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1.5 acres of commercial mixed‑use land on Lebanon Road.; High‑visibility location in a rapidly growing area of Mount Juliet.; Existing ranch‑style structure suitable for residential, office, retail, or professional use.
