3970 Tn-109 Lebanon, TN 37087
This exceptional redevelopment opportunity encompasses a 6,800 square foot flex space situated on a 2.6-acre lot in Lebanon, Tennessee. The property, located at 3970 TN-109, benefits from a prime location near the intersection of Highways 109 and 70, a rapidly developing area experiencing significant residential growth. The existing structures, built in 1989 and 2012, comprise two single-story buildings totaling 6,800 square feet. One building, approximately 3,000 square feet, is well-suited for automotive repair, featuring existing equipment. The second building, a roughly 4,000 square foot warehouse, includes a built-in powder coating room with excellent ventilation. The property is zoned GC - Interchange, offering flexibility for various uses. The substantial lot size provides ample space for expansion or additional development. This location presents a unique chance to capitalize on the burgeoning residential development surrounding the property, making it ideal for retail or other businesses catering to the growing community. The 14-foot ceiling height in the warehouse adds to its versatility. This is an owner-user investment opportunity perfect for those seeking a redevelopment project in a high-demand location.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.