4850 Lebanon Rd Hermitage, TN 37076
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.