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Property profile

3970 Tn-109 Lebanon, TN 37087

OFF-MARKET
Specialty properties
6,800 SF 2.6 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
Total area 6,800 SF
Lot 2.6 ac (113,256 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3970 Tn-109 Lebanon, TN 37087
Lebanon metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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