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Ready-to-Build Residential Lot
For Sale
$289,900

905 Hickory Ridge Rd, Lebanon, TN 37087

Permit-ready 0.38-acre lot approved for multiple dwellings.

Property SizeContact for details
Days on Market476

Property Features for 905 Hickory Ridge Rd

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $964
Listing Agency: KELLER WILLIAMS REALTY MT. JULIET
Listed By: CHUCK BENSON · License #342655
Source: Corcoran
Added: May 15, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 KELLER WILLIAMS REALTY MT. JULIET

Investment Insights

Based on property information with market context.

This 0.38-acre lot presents an investment opportunity with approved permits from the City of Lebanon Planning Department for up to three dwellings. The plans allow for two 1,500-square-foot, two-story homes and a carriage-style structure featuring a multi-car garage and a 700-square-foot conditioned living space above. The RD9 zoning allows for multiple tenants or subdivision into two lots for individual construction. All infrastructure is in place. The property is located across from Byars Dowdy Elementary, less than a mile from Lebanon High School, and in close proximity to Cumberland University. The seller is open to owner financing with a significant down payment.

Key Highlights

  • Permit‑ready for up to three dwellings: two 1,500sf 2‑story homes and a 700sf carriage‑style structure.
  • Opportunity for multiple tenants or subdivision into two lots.
  • RD9 Zoning allows for flexible development options.

Property Analytics

Current Use

Banks Home Improvement/Remodeling ... Plumbing Service

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby

Demographics for 37087, TN

51,658
Population
21,800
Households
2.4
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
164.9 sq mi
ZIP Area
313
Density / Sq Mi
$80,978
Median Household Income
$43,253
Median Earnings
$1,134
Median Rent
$359,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Permit-ready 0.38-acre lot approved for multiple dwellings.
Where is this residential land & home lot located?
The property is located at 905 Hickory Ridge Rd Lebanon, TN.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Permit‑ready for up to three dwellings: **two 1,500sf 2‑story homes and a 700sf carriage‑style structure.**; Opportunity for multiple tenants or subdivision into two lots.; RD9 Zoning allows for flexible development options.
More about this property
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