Franklin Rd Lebanon, TN 37090
This exceptional 0.6-acre commercial lot presents a remarkable development opportunity in Lebanon, Tennessee. Boasting unparalleled visibility from Interstate 40, this property benefits from an impressive daily traffic count exceeding 85,000 vehicles. Its strategic location is surrounded by a thriving commercial environment, including major big-box retail stores and popular restaurants, ensuring high foot traffic and strong consumer presence. The site's prime position offers significant potential for a variety of commercial ventures, capitalizing on the substantial existing infrastructure and high-volume traffic flow. This is an ideal location for businesses seeking maximum exposure and accessibility to a large consumer base. The property's size and location make it suitable for a range of development projects, from retail establishments and restaurants to office spaces or other commercial uses. Further details regarding the development potential are available upon request. This is a rare opportunity to acquire a high-visibility commercial lot in a rapidly growing area with exceptional access to major transportation arteries. Serious inquiries are encouraged to explore the full potential of this outstanding property. The asking price is $800,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.