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    914 Murfreesboro Rd Lebanon, TN 37090

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    For Sale
    $6,250,000

    3.49 acres of commercial land off exit 238.

    Property size:
    23,080 SF
    Lot size:
    3.49 Acres

    Property Features for 914 Murfreesboro Rd

    General Information

    Standard status
    Active
    Size
    23,080 SF
    Lot size
    3.49 Acres

    Building Details

    Year built
    1964

    Source: CAPITAL REAL ESTATE SERVICES Agent SIGRUN ANNA WATSON

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

    Overview

    High-Traffic Commercial Land For Sale

    This 3.49-acre commercial property is located immediately off exit 238 in a high-traffic area. The site is surrounded by commercial developments and over 1000 residential units, with future residential construction planned. The City of Lebanon Sports Complex is situated approximately 0.5 miles south of the location. The property is currently operating as a Travel Inn motel with 100 rooms, and is being offered either as a motel or as land.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Travel Inn Motel

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Clothing Store

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

    Similar Places Nearby

    La Quinta Inn & Suites by Wyndham Lebanon, Comfort Suites, Travel Inn, Middle Tennessee Hotel Association, Spring Hill suites Lebanon tn

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Wilson
    State
    Tennessee
    Longitude
    -86.301081
    Latitude
    36.179337

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    FAQs

    What type of property is this?
    Motel - 3.49 acres of commercial land off exit 238.
    Where is this motel located?
    The property is located at 914 Murfreesboro Rd Lebanon, TN.
    What is the asking price?
    The asking price for this property is $6,250,000.
    What are key features of this property?
    This property features: - High-traffic commercial location immediately off exit 238.; - Surrounded by commercial and 1000+ residential areas.; - Future residential development planned nearby.
    (615) 547-6797
    Request Owner's contact information
    914 Murfreesboro Rd Lebanon, TN 37090
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    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
    914 Murfreesboro Rd Lebanon, TN 37090
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