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Leeville Pike R2 Zoned Lot
For Sale
$150,000

438 Leeville Pike, Lebanon, TN 37087

Residential lot zoned R2, suitable for single or duplex construction.

Property SizeContact for details
Days on Market451

Property Features for 438 Leeville Pike

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $959
Listing Agency: AGEE & JOHNSON REALTY & AUCTION, INC
Listed By: TAYLOR VANDEVER · License #333220
Source: Corcoran
Added: Aug 5, 2025 Changed: Mar 16 Last Checked: Sep 29 at 10:54AM

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 AGEE & JOHNSON REALTY & AUCTION, INC

Rey
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Investment Insights

Based on property information with market context.

Lot 3 of the CRV Holdings Subdivision is available for purchase. This lot is zoned R2, permitting the construction of two units per lot. All City of Lebanon capacity fees have been covered by the seller. The buyer has the option to build either a single home or a duplex on the lot. Lot 3 is not designated as a critical lot and is not situated within a flood zone. Other lots are also available for purchase. A plat and concept plan are accessible in the Documents section. Lot 4 was previously sold to a builder who is currently constructing a triplex.

Key Highlights

  • R2 zoning allows for building a duplex, potentially generating income or accommodating multi‑generational living.
  • All City of Lebanon capacity fees have been paid, saving the buyer significant upfront costs.
  • Lot 3 is not in a flood zone, mitigating flood risk and potentially lowering insurance costs.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Storage Facility Home Appliance Store (Bike/Boat/Book/etc) Store Garden Center

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

269
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot zoned R2, suitable for single or duplex construction.
Where is this residential land & home lot located?
The property is located at 438 Leeville Pike Lebanon, TN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: R2 zoning allows for building a duplex, potentially generating income or accommodating multi‑generational living.; All City of Lebanon capacity fees have been paid, saving the buyer significant upfront costs.; Lot 3 is not in a flood zone, mitigating flood risk and potentially lowering insurance costs.
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