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Property profile & analytics
OFF-MARKET
Land

6 Hartmann Dr Lebanon, TN 37087

5.01 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.01-acre commercial lot is located in Lebanon, Tennessee, at 6 Hartmann Drive, zip code 37087. Zoned CS, this property presents a significant investment opportunity within a rapidly expanding area. Situated near the newly approved expansion of Highway 231, this lot benefits from its location on the underdeveloped side of Lebanon, poised to capitalize on the city's growth. The surrounding area is experiencing a substantial surge in residential development, with over 1800 homes under construction within a mile radius. This makes the property ideally suited for commercial services catering to the needs of this burgeoning population. Utilities, including water, electricity, and gas, are conveniently located at the property's front, simplifying development. The asking price is $795,000. An adjacent 7.19-acre lot (Lot 7) is also available for purchase, offering potential for larger-scale development. This property is perfect for retail or restaurant businesses seeking to establish a presence in a high-growth market.

Property profile
Verified
Property type Land
Lot 5.01 ac (218,236 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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