1436 Rutledge Ln Lebanon, TN 37087
- Land
- 10.00 lot acres
Current Use by Public Records
- Land
Property Details for 1436 Rutledge Ln
- Lot size
- 10.00 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lebanon
- County
- Wilson
- State
- Tennessee
- Longitude
- -86.2714
- Latitude
- 36.2357
