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Property profile & analytics
OFF-MARKET
Commercial real estate

4850 Lebanon Rd Hermitage, TN 37076

47,916 SF 1.1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Total area 47,916 SF
Lot 1.1 ac (47,916 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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