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Property profile & analytics

102 College St Lebanon, TN 37087

  • Retail space
  • 450 SF
  • 15.00 lot acres
Value Estimation
Last Sale
Apr 09, 2025
$255,000
Location Intelligence
Property ID
US80-0571430
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Island Breeze Bistro / Southern Restaurant (Us) / Restaurant
  • A Better Choice DUI School / School

Property Details for 102 College St

Year built
1900
Lot size
15.00 lot acres
Property size
450 SF
Property type
Retail space
APN
068E P 00700
APU
068EP00700

Description

This exceptional retail property, located at 102 S College St in Lebanon, Tennessee's historic district, presents a unique investment opportunity. Situated on a 0.01-acre lot, this 450-square-foot building boasts a prime location just one block from the Wilson County Courthouse and the Lebanon Public Square, ensuring high visibility and foot traffic. The property has undergone a complete renovation, resulting in a beautifully updated space ready for immediate occupancy. Currently, two thriving businesses occupy the building, demonstrating the strong rental potential and established clientele in this desirable area. The property's charm and character are undeniable, reflecting the rich history of its location. The combination of its renovated condition, excellent location, and existing successful businesses makes this a rare find in the heart of downtown Lebanon. This property is ideal for investors seeking a stable, income-generating asset in a vibrant and growing community. The asking price is $300,000. Serious inquiries only.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $190,000
  • CAP approach

    CAP return
    Estimation
    6%
    $260,000
    6.5%
    $240,000
    7%
    $250,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $285,000
    Geo Method
    $295,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $275,000
    Retail
    $255,000
    Mixed-Use
    $260,000
    Hospitality
    $230,000
    Educational
    $235,000
    Residential Income
    $225,000
    Energy
    $275,000
    Income-Based Land
    $230,000
    Food Service
    $290,000

Location Insight

  • Map
  • Local Demand
City
Lebanon
County
Wilson
State
Tennessee
Longitude
-86.2899
Latitude
36.2076
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$272
$1,800
$7,600
$9,400
-
$4,500
$19,000
$23,500
More about this property
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