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Residential Land Development Opportunity
For Sale
$1,650,000

719 Hancock Ln, Lebanon, TN 37087

8.61 acres for residential development in growing Tennessee corridor.

Property SizeContact for details
Lot Size8.61 Acres
Days on Market181

Property Features for 719 Hancock Ln

General Information

Standard status Active
Lot size 8.61 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $2,004

Amenities

Wooded
Listing Agency: ZEITLIN SOTHEBY'S INTERNATIONAL REALTY
Listed By: BOBBY JOHNSON
Source: Corcoran
Added: Mar 5 Changed: Sep 2 Last Checked: Sep 1 at 8:11PM

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 ZEITLIN SOTHEBY'S INTERNATIONAL REALTY

Investment Insights

Based on property information with market context.

This 8.61-acre property is located in a dynamic growth corridor of Middle Tennessee. The site benefits from a Future Land Use designation supporting 8 units per acre. With utilities on site and sewer nearby, the property offers a development profile. The site could accommodate approximately 50 units, factoring in infrastructure and green space. Century Communities is developing Averitt Landing next door. The property represents an investment opportunity for a detached cottage-style residential enclave.

Key Highlights

  • Located in a dynamic growth corridor of Middle Tennessee.
  • Future Land Use designation supports approximately 50 units.
  • Utilities are on site and sewer is nearby.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Restaurant Big Box & Wholesale Store Building Supply Hair Salon

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

25
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 8.61 acres for residential development in growing Tennessee corridor.
Where is this residential land & home lot located?
The property is located at 719 Hancock Ln Lebanon, TN.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Located in a dynamic growth corridor of Middle Tennessee.; Future Land Use designation supports approximately 50 units.; Utilities are on site and sewer is nearby.
More about this property
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