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    Powell Grove Rd Lebanon, TN 37090

    For Sale
    $379,900

    1.18 Acres, Hwy 109/70 Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.18-acre commercial land parcel presents a remarkable investment opportunity in Lebanon, Tennessee. Strategically located near the high-traffic intersection of Highways 109 and 70, this property boasts a Commercial General (CG) zoning designation, opening doors to a wide array of development possibilities. All essential utilities—water, electricity, and sewer—are readily available, simplifying the development process. Its convenient location offers easy access to Interstates 40 and 840, ensuring excellent connectivity. High traffic counts further enhance its commercial viability. Adding to its appeal, the property is situated approximately 400 feet from the Music City Star Train Station, providing convenient public transportation access. The location also offers proximity to Nashville International Airport (BNA), Lebanon, Mt. Juliet, Gallatin, and Old Hickory Lake, attracting a diverse range of potential clientele. The potential for assemblage is also noteworthy, with adjoining parcels of 14.83 acres (MLS # 2568529) and 2 acres (MLS # 2129895) available for purchase. This prime location and versatile zoning make this property an ideal choice for developers and investors seeking a high-growth area with significant potential for return. The land is level, ensuring efficient use of space. Wilson County location and 37090 zip code.

    Property Features for 0 Powell Grove Rd

    General Information

    Property type
    Land
    Lot Size
    51,401 SF

    HighLights

    • $379,900 asking price.
    • 1.18‑acre commercial land parcel.
    • CG zoning.
    • Water, sewer, and electricity available.
    • High‑traffic area near I‑40 & I‑840, and Music City Star train station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lebanon
    County
    Wilson
    State
    Tennessee
    Longitude
    -86.427714180655
    Latitude
    36.229679192371

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    FAQs

    What type of property is this?
    Land - 1.18 Acres, Hwy 109/70 Area
    Where is this land located?
    The property is located at Powell Grove Rd Lebanon, TN.
    What is the asking price?
    The asking price for this property is $379,900.
    What are key features of this property?
    This property features: $379,900 asking price.; 1.18-acre commercial land parcel.; CG zoning.
    (615) 390-5401
    Request Owner's contact information
    Powell Grove Rd Lebanon, TN 37090
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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
    Powell Grove Rd Lebanon, TN 37090
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