4850 Lebanon Rd Hermitage, TN 37076
- Commercial real estate
- 47,916 SF
- 1.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4850 Lebanon Rd
- Lot size
- 1.10 lot acres
- Property size
- 47,916 SF
- Property type
- Commercial real estate
Description
This exceptional 1.1-acre commercial lot, located at 4850 Lebanon Rd in Hermitage, Tennessee, presents a remarkable investment opportunity. Boasting a sizable 47,916 square feet, this vacant land is ideally situated in a high-traffic area, making it perfect for a variety of commercial ventures. The property's previous high property taxes have been significantly reduced following a recent assessment by the tax assessor, representing substantial savings for the new owner. The site's potential is further enhanced by its proximity to a newly constructed strip center, indicating a thriving and growing commercial environment. This location is particularly well-suited for restaurants, fast-food establishments, or similar businesses seeking high visibility and accessibility. The motivated seller is eager to finalize a sale, making this an exceptional opportunity to acquire a prime commercial property at a reduced price. Don't miss this chance to secure a valuable piece of Hermitage real estate in a dynamic commercial corridor. The property is ready for immediate development, offering significant potential for return on investment. Serious inquiries are encouraged.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hermitage
- County
- Davidson County, TN
- State
- Tennessee
- Longitude
- -86.5866
- Latitude
- 36.2156