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Property profile & analytics
OFF-MARKET
Land

1436 Rutledge Ln Lebanon, TN 37087

10 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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