109 South & Callis Rd Lebanon, TN 37090
This exceptional 16-acre commercial land parcel, located at the intersection of Highway 109 South and Callis Road in Lebanon, Tennessee (zip code 37090), presents a unique investment opportunity. Situated in Wilson County, one of Tennessee's fastest-growing areas, this property boasts excellent visibility and accessibility. The lot offers approximately 696,960 square feet of developable land, zoned for commercial use (CG and C1 zoning designations). Its strategic location directly across from Wilson Farms, a 300-acre mixed-use development, ensures high traffic volume and exposure. The property benefits from convenient access to major thoroughfares including I-40 and I-840/Central Pike, and is only minutes away from Eastgate Boulevard. Multiple access points are available from Safari Camp Road and Callis Road. The zoning permits a wide range of commercial uses, including hotels, retail establishments, and gas stations. The land is also suitable for subdivision into smaller lots, ranging from 0.5 to 2 acres, providing flexibility for various development scenarios. This prime corner lot is particularly well-suited for a gas station or convenience store. Utilities are available on-site. The asking price for this exceptional property is $2,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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