6 Hartmann Dr Lebanon, TN 37087
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.
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
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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.