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1037 Sparta Pike 1.4 Acres of Commercial Land Offered at $1,500,000 in Lebanon, TN 37087

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INVESTMENT HIGHLIGHTS

Maximum exposure 1/2 mile from Interstate in one of the Fastest Growing Cities in the Country!
Zoned Commercial Neighborhood with all utilities available and endless development potential.

Vacant commercial lot with 200 ft of road frontage near I-40 and the Wilson County Fair entrance.

EXECUTIVE SUMMARY

Maximum commercial exposure in Lebanon! This flat, vacant lot zoned Commercial Neighborhood is less than 1/2 mile off Interstate 40, right next to one of the entrances to the Wilson County/TN State Fair. Lebanon ranked one of the top 15 fastest growing cities in the nation by a recent U.S. Census (the only city in TN that made the list). No need to wait for further development in order to establish yourself on this amazing location. A small market used to be on this property, but the sellers never re-built. You have a blank slate to take advantage of this Commercial Neighborhood zoning (details of Commercial Neighborhood attached). Tons of possibilities with current zoning, including Food/Beverage, Retail, Health Care, Hotel/Motel, Medical, AND may be able to be combined with dwelling units! 200 ft of Road Frontage in this fantastic location. All utilities readily available including water, sewer, electric and natural gas. Hit the ground running with this great opportunity.

CN - Commercial Neighborhood DETAILS

PROPERTY FACTS

Price	$1,500,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Mixed Use Apartment Units - Condo Bank Carwash Daycare Center Drugstore Fast Food General Freestanding Healthcare Hospital Hotel Motel Religious Facility Restaurant Single Family Development Storefront, Retail or Office Single Family Residence
No. Lots	1	Total Lot Size	1.40 AC
Property Type	Land
Zoning	CN - Commercial Neighborhood -commercial uses concerned with retail trade and consumer services. Single and multiple-family dwellings are also permitted.

Price	$1,500,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Mixed Use Apartment Units - Condo Bank Carwash Daycare Center Drugstore Fast Food General Freestanding Healthcare Hospital Hotel Motel Religious Facility Restaurant Single Family Development Storefront, Retail or Office Single Family Residence
Total Lot Size	1.40 AC
Zoning	CN - Commercial Neighborhood -commercial uses concerned with retail trade and consumer services. Single and multiple-family dwellings are also permitted.

1 LOT AVAILABLE

Lot

Price	$1,500,000	Lot Size	1.40 AC
Price Per AC	$1,071,428.57

Price	$1,500,000
Price Per AC	$1,071,428.57
Lot Size	1.40 AC

Flat, vacant lot zoned Commercial Neighborhood less than 1/2 mile off Interstate 40, right next to one of the entrances to the Wilson County/TN State Fair. Lebanon ranked one of the top 15 fastest growing cities in the nation by a recent U.S. Census.

DESCRIPTION

Small market was damaged in storms in 2020. The Market was removed; the lot has sat empty since. Want maximum exposure for your commercial goals? This flat, vacant lot zoned Commercial Neighborhood is less than 1/2 mile off Interstate 40, right next to one of the entrances to the Wilson County/TN State Fair. Lebanon ranked one of the top 15 fastest growing cities in the nation by a recent U.S. Census (the only city in TN that made the list). No need to wait for further development in order to establish yourself on this amazing location. A small market was damaged in the storms of 2020; the sellers never re-built. You have a blank slate to take advantage of this Commercial Neighborhood zoning (details of Commercial Neighborhood attached). Tons of possibilities with current zoning, including Food/Beverage, Retail, Health Care, Hotel/Motel, Medical, AND may be able to be combined with dwelling units! 200 ft of Road Frontage in this fantastic location. All utilities readily available including water, sewer, electric and natural gas. Hit the ground running with this great opportunity.