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$6,896
3156215 MLS ACTIVE Status 2.77 Acres 37087 Zip Code
PRIME GROUND LEASE opportunity for savvy multifamily investors and developers in booming Wilson County, TN. This exceptional 2.77-acre (±120,000 sq ft) infill site at 900 Carthage Hwy offers rare dual frontage connecting high-traffic Carthage Highway (Hwy 70) to 227 Trousdale Ferry Pike, delivering strong visibility, accessibility, and efficient development potential in one of Wilson County’s fastest-growing corridors. The property features approximately 143 feet of frontage on Carthage Hwy and 189 feet along Trousdale Ferry Pike, forming a highly functional rectangular layout ideal for site planning and maximizing density. Zoned R2 High-Density Residential with noted commercial flexibility, it supports duplexes, townhomes, multifamily apartments, residential courts, small-scale communities, and manufactured housing, making it ideal for build-to-rent and long-term investment strategies driven by strong population growth, job expansion, and proximity to shopping, schools, and I-40 via Hwy 70N and East Baddour Parkway. Existing multifamily apartments on the 900 Carthage Hwy frontage do not convey and are excluded from the offering. The City has pre-approved cut-through access from Carthage Hwy, subject to standard conditions, allowing connectivity between both road frontages for improved circulation and design. Utilities including electricity, public water, and sewer are available on both sides, reducing development costs and timelines. Surrounded by established neighborhoods and consistent traffic, the site offers strong rental demand and long-term upside. Owner will not sell; ground lease only. Tenant responsible for due diligence, entitlements, and approvals. Rare opportunity to control a high-growth asset in Wilson County. No drive ups please shown by appointment only. Package deal—Incentives available for tenants securing all three sites (MLS No. 3156214, 3156215, and 3156216).

227 Trousdale Ferry Pike, Lebanon

$6,896
3156216 MLS ACTIVE Status 2.55 Acres 37087 Zip Code
PRIME COMMERCIAL POTENTIAL GROUND LEASE OPPORTUNITY at 101 Lei Lani Dr in Lebanon, Tennessee. This exceptional 2.55± acre corner parcel offers outstanding visibility and accessibility along a high-traffic corridor with approximately 27,000 vehicles per day per TDOT, making it an ideal site within a designated commercial neighborhood zoning area. The property features a well-maintained 2,300 sq ft single-family residence built circa 1978 with 3 bedrooms and 3 baths, providing existing infrastructure including utilities, slab foundation, and site improvements that allow for immediate use or streamlined transition into long-term ground lease development without starting from raw land. Strategically located across from Sports Village Fitness and adjacent to Gregory Dental Group, the site sits within a thriving commercial corridor supported by strong daily consumer traffic and a diverse mix of established retailers and services. Within a 5-mile radius are major national and regional brands including Starbucks, Publix, Taco Bell, 7-Eleven, Waffle House, Lowe’s, Dollar Tree, T.J. Maxx, HomeGoods, and Aubrey’s, reinforcing the area’s proven retail demand and long-term viability. This ground lease presents a compelling opportunity for developers, investors, and businesses seeking high visibility and accessibility in one of Lebanon’s most active growth corridors. Existing improvements add immediate value by reducing development timelines and upfront costs. Lease terms, including rate, are negotiable based on use and tenant requirements. Package deal—Incentives available for tenants securing all three sites (MLS No. 3156214, 3156215, and 3156216). Do not disturb tenants. Property is not for sale.

101 Lei Lani Dr, Lebanon

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

Under $200K Lebanon Real Estate

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