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Property profile & analytics
OFF-MARKET
Commercial real estate

780 Highway 109 Lebanon, TN 37090

8.3 ac lot
Property ID
US80-0588177
Property summary
AI-generated overview

This exceptional 8.3-acre commercial land parcel presents a remarkable investment opportunity in Lebanon, Tennessee. Located at 780 Hwy 109 N, this property boasts over 1,000 feet of road frontage on Highway 109, ensuring high visibility and accessibility. The asking price is $8,000,000, translating to $1,000,000 per acre. Its strategic location directly across from a Publix shopping center places it within a thriving commercial hub experiencing very high traffic volume. The zoning is CG-Commercial General, allowing for a diverse range of development possibilities, including retail, hotel, or restaurant establishments. The property comprises two parcels; a 6.3-acre lot on Highway 109 and a 2.1-acre lot situated on Hickory Ridge Road, creating a large corner lot with access to both roads and a traffic signal. This unique configuration offers significant advantages for development and maximizes exposure. This prime location and flexible zoning make this an exceptional opportunity for investors seeking high-impact commercial development in a rapidly growing area. The property is situated in Wilson County, Tennessee, with a zip code of 37090.

Property profile
Verified
Property type Commercial real estate
Lot 8.3 ac (361,548 SF)
UPID US80-0588177
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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