1436 Rutledge Ln Lebanon, TN 37087
This exceptional 10-acre parcel in Lebanon, Wilson County, Tennessee, presents a compelling investment opportunity. Located at 1436 Rutledge Ln., 37087, this property is ideally situated for residential development. While currently requiring annexation and rezoning into the city of Lebanon, its adjacency to already-annexed parcels simplifies this process. The site benefits from readily available city water and sewer, with sufficient capacity to support future growth. The surrounding area boasts a robust real estate market, with national homebuilders like DR Horton, Lennar, MI Homes, and Century Communities achieving strong sales figures. New homes in this northern Lebanon submarket are selling for between $380,000 and $480,000, with a sales volume averaging four units per month. The property's APN is 09505900201. This is a rare chance to acquire a significant land holding in a thriving Tennessee community. The asking price is $1,300,000. The permitted zoning is R-1.
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.