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Lebanon Land Tract For Sale
For Sale
$989,900

516 Hartsville Pike, Lebanon, TN 37087

1.3 acre R2 zoned land in Lebanon, Tennessee.

Property SizeContact for details
Days on Market468

Property Features for 516 Hartsville Pike

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $1,856
Listing Agency: RE/MAX EXCEPTIONAL PROPERTIES
Listed By: TONYA DENNY · License #271420
Source: Corcoran
Added: May 23, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 EXCEPTIONAL PROPERTIES

Investment Insights

Based on property information with market context.

This 1.3-acre tract of land is zoned R2 High Density Residential and is located in the heart of Lebanon. According to the City of Lebanon, the zoning allows up to 17 residential units, including single-family homes, multi-family dwellings, and townhomes. All city utilities, including city sewer and natural gas, are available at the road. The property is located 5 minutes from historic downtown Lebanon, which features restaurants, shops, boutiques, and offices. The tract is level and surrounded by newly developed properties, townhomes, single-family homes, and established homes. The property includes a home that is currently being rented.

Key Highlights

  • 1.3 acre tract zoned R2 High Density Residential.
  • Permitted for up to 17 residential units (single‑family, multi‑family, townhomes).
  • All city utilities available (sewer, natural gas).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Locksmith Catering Service Bakery

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

805
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 1.3 acre R2 zoned land in Lebanon, Tennessee.
Where is this residential land & home lot located?
The property is located at 516 Hartsville Pike Lebanon, TN.
What is the asking price?
The asking price for this property is $989,900.
What are key features of this property?
This property features: 1.3 acre tract zoned R2 High Density Residential.; Permitted for up to 17 residential units (single‑family, multi‑family, townhomes).; All city utilities available (sewer, natural gas).
More about this property
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