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Industrial Building with Expansion Potential
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1818 Sparta Pike, Lebanon, TN 37090

Industrial building on 4.88 acres with redevelopment and expansion potential on an industrial site.

Property Size12,500 SF
Lot Size4.88 Acres
Price / SF$248
Days on Market147

Property Features for 1818 Sparta Pike

General Information

Standard status Active
Size 12,500 SF
Lot size 4.88 Acres
Property subtype Industrial, Land
Zoning Light Industrial (I-1)
Investment Type Redevelopment
Listing Agency: Charles Hawkins Co.
Listed By: Jamie Phillips · License #356845
Source: Crexi
Added: Apr 15 Changed: Aug 26 Last Checked: Sep 8 at 5:29AM

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 Charles Hawkins Co.

Investment Insights

Based on property information with market context.

This offering includes an industrial building totaling approximately 12,500 square feet on a 4.88-acre industrial site. The property is presented with redevelopment and/or expansion potential.

A proposed plan for road improvements would, if approved, allow for development of the private drive. The concept includes widening the road along the southern boundary, installing a turning lane for southbound truck traffic on Sparta Pike, and creating a signalized intersection at Sparta Pike and Poplar Hill Rd. These infrastructure improvements are intended to support two large industrial developments in various stages of planning, approval, and development nearby to the west.

The existing industrial building and accompanying land provide a foundation for a range of development approaches, subject to approvals and the outcome of the proposed roadway plan.

Key Highlights

  • 12,500 SF industrial building on 4.88 acres on an industrial site
  • Redevelopment and/or expansion potential noted for the property
  • Proposed road improvements include widening the private drive and adding truck access improvements

Property Analytics

Current Use

Pallett Co LLC Freight Service

Suggested Use

Top Pick Building Supply Garden Center Restaurant (Bike/Boat/Book/etc) Store Arcade & Gaming Center Electronics & Wireless Store

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

15
Businesses Nearby
Well-served
Demand for This Use

Demographics for 37090, TN

18,369
Population
7,665
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
93%
High-School Grad
166.4 sq mi
ZIP Area
110
Density / Sq Mi
$85,048
Median Household Income
$46,364
Median Earnings
$1,410
Median Rent
$392,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial building on 4.88 acres with redevelopment and expansion potential on an industrial site.
Where is this warehouse located?
The property is located at 1818 Sparta Pike Lebanon, TN.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 12,500 SF industrial building on 4.88 acres on an industrial site; Redevelopment and/or expansion potential noted for the property; Proposed road improvements include widening the private drive and adding truck access improvements
(615) 517-4607 Call to check price and availability
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