Stroud Dr Lebanon, TN 37087
- Land
- 2.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Stroud Dr
- Lot size
- 2.00 lot acres
- Property type
- Land
Description
This exceptional 2-acre commercial lot, located at 0 Stroud Drive in Lebanon, Tennessee (zip code 37087), presents a remarkable investment opportunity. Zoned RD 9, the property boasts pre-approved plans for an eight-unit residential complex, comprising four two-unit buildings. All floor plans have been approved, streamlining the construction process and minimizing potential delays. The site is ideally situated for convenient access to local schools and shopping amenities, and is just minutes away from Lebanon's historic square. This makes it an attractive location for rental investment or for the development of multi-family units for sale. While this presents a fantastic opportunity, potential buyers should note that flood insurance is required for this property. The asking price for this ready-to-build commercial land is $189,900. This property is ready for immediate development, offering a significant return on investment for the discerning buyer. The property's location and pre-approved plans significantly reduce the time and cost associated with typical development projects. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Tennessee community.
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
- -86.2854
- Latitude
- 36.2279
