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Property profile & analytics
OFF-MARKET
Commercial real estate

Murfreesboro Rd Lebanon, TN 37087

38.01 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 38.01-acre commercial land parcel presents a significant investment opportunity in Lebanon, Tennessee. Strategically located on the south side of town, this property boasts unparalleled visibility and accessibility. The land itself is primarily level to gently rolling, offering considerable flexibility for development. With 569 feet of frontage on Highway 231 and an additional 425 feet on Stumpy Lane, this site provides ample space for a wide range of commercial ventures. Its current zoning designation is Commercial Services, making it suitable for various uses. The property's proximity to Interstate 40 (less than one mile from Exit 238) ensures convenient access for both local and regional businesses. This prime location offers exceptional potential for high traffic volume and strong visibility, making it an ideal investment for developers seeking a high-impact commercial project. Further details, including potential uses and development plans, are available in the media section. This is a rare opportunity to acquire a substantial commercial land holding in a rapidly growing area. Don't miss this chance to secure a piece of Lebanon's thriving commercial landscape. The asking price for this exceptional property is $3,900,000.

Property profile
Verified
Property type Commercial real estate
Lot 38.01 ac (1,655,716 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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