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Listed price in listed location currency (USD).
$3,000,000

332

MLS® 3130839

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1900 sqft
Garage Yes
Taxes $1,399
Days Active 21
Lot Size 14.01 acres
Approx. Age 1968
Avg. Price Per Sqft $1,578
MLS® Number 3130839

Property Address: 515 Mccrary Rd, Lebanon, TN, 37090-6819

Average square foot calculated using Size range provided by listing agent.

Description

COMMERCIAL CORRIDOR IN PRIME POSITION surrounded by major regional anchors including Amazon, FedEx, Walmart Distribution, and Starbucks — positioned in the direct path of industrial and flex expansion just off the I-840 and Stewarts Ferry Pike interchange. ±14 acres ( selling 3 parcels as 1) featuring approximately 690 feet of frontage on McCrary Road and ±530 feet of visibility along I-840 deliver rare dual-frontage access, exposure, and long-term commercial leverage in one of Wilson County’s fastest-growing corridors. The property is income-producing today, with two leased residences generating a combined $2, 800 per month and a 30x50 insulated shop with electric already in place. An owner-operator can immediately establish a headquarters, equipment yard, fleet base, or storage operation while maintaining rental income that offsets holding costs. The existing shop supports operational flexibility from day one and can function as workspace, inventory storage, or additional revenue-producing space. The tract includes two approved soil areas capable of supporting development. Adjacent property is commercially zoned and successfully operating on septic systems, reinforcing a logical transition of this parcel into low-intensity commercial use aligned with the surrounding corridor. A strategic rezoning to C-1 or conditional light commercial would allow flex warehouse, contractor yard, equipment laydown, commercial storage, RV/boat storage, or small office use — responsible intensity consistent with current infrastructure until municipal sewer becomes available. For a 1031 exchange buyer, this asset offers immediate income, operational usability, and entitlement upside within a proven growth corridor. The level topography and acreage depth support phased expansion, potential subdivision, or long-term repositioning as infrastructure evolves and land values accelerate. Proof of funds required prior to showing by appointment only. Owner financing with 30% down.
MLS® Number3130839
Laundry LevelElectric Dryer Hookup, Washer Hookup
Central VacNo
FireplaceNo
Acreage14.01
Exterior
GarageYes
Approx. Age1968
BasementCrawl Space
DrivewayAttached
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 14, 2026List Date
$3,000,000List Price
Sep 10, 2025End Date
-Sold Price

Leased

Aug 14, 2025List Date
$2,000List Price
  • Commute

Commute

Starting Address
Destination Address
515 Mccrary Rd, Lebanon, TN

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