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1037 Sparta Pike

1.4 Acres of Commercial Land Offered at $2,409,699 CAD in Lebanon, TN 37087

Investment Highlights

  • Maximum exposure 1/2 mile from Interstate in one of the Fastest Growing Cities in the Country!

Executive Summary

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.

Data Room Click Here to Access

Property Facts

Price $2,409,699 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Apartment Units - Condo
  • Bank
  • Carwash
  • Daycare Centre
  • Drugstore
  • Fast Food
  • Healthcare
  • Hospital
  • Hotel
  • Motel
  • Religious Facility
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 1.40 AC

1 Lot Available

Lot

Price $2,409,699 CAD
Price Per AC $1,721,214 CAD
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.

zoning

Zoning Code CN (Commercial Neighborhood -commercial uses concerned with retail trade and consumer services. Single and multiple-family dwellings are also permitted.)
CN (Commercial Neighborhood -commercial uses concerned with retail trade and consumer services. Single and multiple-family dwellings are also permitted.)
  • Listing ID: 32838006

  • Date on Market: 2024-08-16

  • Last Updated:

  • Address: 1037 Sparta Pike, Lebanon, TN 37087

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