Property profile

722 Park Ave Lebanon, TN 37087

FOR SALE
Office Units
Property ID
US80-0740587
1,989 SF Built 1959
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Property summary

AI-generated overview

The property at 722 Park Avenue in Lebanon, Tennessee is located within a Commercial Neighborhood (CN) zoning area and less than one mile from Interstate I-40. It is a fully renovated, single-level commercial building of approximately 2,000 square feet configured with 4 bedrooms and 2 bathrooms, with an interior layout suitable for office use, medical use, professional services, or live/work arrangements. The surrounding area functions as a commercial corridor, and local and national retail uses are present within the nearby vicinity, including major retailers and services along the surrounding commercial streets. The site is positioned along a corridor with reported daily traffic volumes of 3,490 cars per day and 20,815 cars per day at the Raceway, and permitted uses are governed by the CN zoning district as referenced through the applicable local materials.

Property profile

Verified
Property type Office Units
Year built 1959
Total area 1,989 SF
UPID US80-0740587

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

722 Park Ave Lebanon, TN 37087
Lebanon metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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