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Property profile & analytics
OFF-MARKET
Mixed-use properties

16 Hartmann Dr Lebanon, TN 37087

261,359 SF 6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6-acre mixed-use property at 16 Hartmann Drive in Lebanon, Tennessee, presents a unique investment opportunity. Boasting a substantial 261,359 square feet, this site is ideally positioned in a high-traffic area, diagonally across from a newly constructed gas station at the intersection of Hartmann Drive and Highway 231N. The property's current zoning is Residential, following a recent change from Agricultural, reflecting the growth of higher-density residential areas adjacent to the land. This presents significant potential for a variety of developments, including but not limited to office complexes, grocery stores, auto dealerships, or multi-family housing. The seller is offering the land in its current condition, acknowledging the existing zoning. A key advantage is the seller's willingness to collaborate with the buyer on any necessary zoning adjustments to facilitate the buyer's chosen development plan. The sale price is $850,000. The buyer is responsible for all costs associated with due diligence, including any required land surveys, zoning and planning approvals, and all title-related or development expenses. This is a prime opportunity for an investor or developer seeking a high-visibility location with significant development potential in a rapidly growing area.

Property profile
Verified
Property type Mixed-use properties
Total area 261,359 SF
Lot 6 ac (261,360 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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