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    Property profile & analytics

    115 Cumberland St Lebanon, TN 37087

    • Retail space
    • 2,600 SF
    • 100.00 lot acres
    For Sale
    View listing
    $699,000
    Value Estimation
    Last Sale
    Dec 06, 2024
    $650,000
    Location Intelligence
    Property ID
    US80-0805939
    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

    • BMK Building Group / Construction Company / Contractor
    • Dell Karp Interiors and Antiques / Interior Designer
    • Square Market / Interior Designer / Furniture Store

    Property Details for 115 Cumberland St

    Year built
    1900
    Lot size
    100.00 lot acres
    Property size
    2,600 SF
    Property type
    Retail space
    APN
    068E O 00100
    APU
    068EO00100

    Description

    This exceptional mixed-use property, located at 115 N Cumberland St in the heart of Lebanon, TN, presents a unique investment opportunity. Boasting 2,600 square feet on a 0.06-acre lot, this completely renovated building offers unparalleled versatility. Previously utilized as a contractor's office and showroom, the space is ready for immediate occupancy. The interior features a modern, updated kitchen and a full bathroom complete with a tiled shower. High-quality renovations have been completed throughout, ensuring a move-in ready condition. The open layout allows for flexible configuration to suit a variety of commercial uses, making it ideal for entrepreneurs and established businesses alike. Its prime downtown location provides excellent visibility and accessibility, placing it within easy reach of Lebanon's vibrant commercial district and its diverse population. The property's strong structural integrity and recent upgrades promise a low-maintenance ownership experience. This is a rare chance to acquire a turn-key commercial space in a thriving Tennessee town. The asking price is $699,000. Don't miss this chance to secure a valuable asset in a rapidly growing market. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Wilson
    State
    Tennessee
    Longitude
    -86.2907
    Latitude
    36.209
    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
    $1,396
    $28,000
    $20,280
    $48,280
    -
    $70,000
    $50,700
    $120,700

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    115 Cumberland St
    Lebanon, TN 37087
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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