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    329 Sycamore St Lebanon, TN 37087

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    For Sale
    $509,999

    Approved site plans for 10 townhomes near Lebanon Square.

    Property Features for 329 Sycamore St

    General Information

    Standard status
    Active

    Source: SALLIS REALTY GROUP Agent KENNY SALLIS

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

    Overview

    Approved Townhome Development Opportunity

    This property presents an opportunity for builders and investors with approved site plans for the immediate construction of 10 townhomes. Each home is planned to be approximately 1500 square feet, featuring 3 bedrooms, 2.5 bathrooms, and 2 parking spots. The location is a few blocks from Lebanon Square and near grocery stores and gas stations. It is located approximately 5 minutes from I-40 and seconds from US Highways 70, 231, and state highway 141. The site previously had a home that has been removed. Utilities including gas, water, electric and sewer are on site. Comparable rents in the area are around $2,000 for this type of unit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Wilson
    State
    Tennessee
    Longitude
    -86.284427
    Latitude
    36.210754

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    FAQs

    What type of property is this?
    Residential land & home lot - Approved site plans for 10 townhomes near Lebanon Square.
    Where is this residential land & home lot located?
    The property is located at 329 Sycamore St Lebanon, TN.
    What is the asking price?
    The asking price for this property is $509,999.
    What are key features of this property?
    This property features: - Fully approved by the City of Lebanon for 10 townhomes, ready to build immediately.; - Includes a full set of approved site plans.; - Prime location: Blocks from Lebanon Square, close to grocery and gas, 5 minutes to I-40, and seconds from US Highways 70, 231, and state highway 141.
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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
    329 Sycamore St Lebanon, TN 37087
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