780 Highway 109 Lebanon, TN 37090
- Commercial real estate
- 8.30 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 780 Highway 109
- Lot size
- 8.30 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lebanon
- County
- Wilson
- State
- Tennessee
- Longitude
- -86.411540408502
- Latitude
- 36.19301461454
