Multifamily Development Ground Lease
For Sale
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227 Trousdale Ferry Pike, Lebanon, TN 37087
2.77-acre infill site in Wilson County, TN for ground lease.
Property Size864 SF
Lot Size2.77 Acres
Days on Market142
Property Features for 227 Trousdale Ferry Pike
General Information
Standard status
Active
Size
864 SF
Lot size
2.77 Acres
Property subtype
Commercial
Amenities
Asphalt Roof
Building Details
Year Built
1993
Listing Agency:
RE/MAX CHOICE PROPERTIES
(615) 444-3752
Listed By:
JOSEPH GOODMAN CCIN
Source:
Corcoran
Added: Mar 23
Changed: Aug 8
Last Checked: Jul 16 at 3:13AM
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 RE/MAX CHOICE PROPERTIES
Investment Insights
Based on property information with market context.
This 2.77-acre infill site, approximately 120,000 square feet, is a ground lease opportunity for multifamily development. The property is located at 900 Carthage Hwy, offering dual frontage connecting Carthage Highway (Hwy 70) to 227 Trousdale Ferry Pike. It has approximately 143 feet of frontage on Carthage Hwy and 189 feet along Trousdale Ferry Pike. The site has a rectangular layout. Zoned R2 High-Density Residential, the site supports duplexes, townhomes, multifamily apartments, residential courts, small-scale communities, and manufactured housing. The City has pre-approved cut-through access from Carthage Hwy, subject to standard conditions, allowing connectivity between both road frontages. Utilities including electricity, public water, and sewer are available on both sides. Existing multifamily apartments on the 900 Carthage Hwy frontage do not convey and are excluded from the offering. Incentives are available for tenants securing all three sites (MLS No. 3156214, 3156215, and 3156216).
Key Highlights
- Prime 2.77‑acre infill site ideal for multifamily development in booming Wilson County, TN.
- Rare dual frontage on high‑traffic Carthage Highway (Hwy 70) and Trousdale Ferry Pike, offering excellent visibility and accessibility.
- Zoned R2 High‑Density Residential with commercial flexibility, supporting various residential development types.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.77-acre infill site in Wilson County, TN for ground lease.
Where is this residential land & home lot located?
The property is located at 227 Trousdale Ferry Pike Lebanon, TN.
What are key features of this property?
This property features: Prime 2.77‑acre infill site ideal for multifamily development in booming Wilson County, TN.; Rare dual frontage on high‑traffic Carthage Highway (Hwy 70) and Trousdale Ferry Pike, offering excellent visibility and accessibility.; Zoned R2 High‑Density Residential with commercial flexibility, supporting various residential development types.
