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    255 Cherokee Dock Rd Lebanon, TN 37087

    For Sale
    $2,950,000

    Rare opportunity to own land on Old Hickory Lake.

    Property Features for 255 Cherokee Dock Rd

    General Information

    Standard status
    Active

    Source: CRYE-LEIKE, INC., REALTORS Agent JASON MURPHY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rare Old Hickory Lake Parcel

    This property presents a rare opportunity to own a substantial parcel of land on Old Hickory Lake. The topography is flat, and the land is mostly open pasture with mature hardwoods. The property features water on three sides. Marinas and multiple boat launches are located nearby. This parcel is suitable for building or development on the lake. Although the property has a Lebanon address, it is conveniently located near Gallatin.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Hotel & Motel Department Store Storage Facility Bar & Pub Garden Center Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Wilson
    State
    Tennessee
    Longitude
    -86.43207
    Latitude
    36.335136

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    FAQs

    What type of property is this?
    Land - Rare opportunity to own land on Old Hickory Lake.
    Where is this land located?
    The property is located at 255 Cherokee Dock Rd Lebanon, TN.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: - Rare opportunity to own a large parcel on Old Hickory Lake.; - Flat topography and mostly open pasture land.; - Water on three sides of the property.
    Request Owner's contact information
    255 Cherokee Dock Rd 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
    255 Cherokee Dock Rd Lebanon, TN 37087
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