703 N Cumberland, Lebanon, TN 37087

$650,000

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List Price
$650,000
Status
ACTIVE
MLS#
3530954
Days on Market
9
Lot Size
48,787
Acres
1.12
County
Wilson County

Property Description

PRICED $35,000+ BELOW RECENT APPRAISED VALUE! NEW APPRAISAL ON HAND. May be transferable to buyer with an acceptable offer. Exceptional opportunity to own approximately 1.12 acres with commercial development potential and possible residential use. This lot offers excellent visibility along a highly traveled corridor with an Annual Average Daily Traffic count of approximately 16,976 vehicles. Property records indicate public water/sewer, electricity, and natural gas are available in the area. Conveniently located near Historic Downtown Lebanon, shopping, dining, local businesses, and I-40. The surrounding mix of commercial and residential properties creates a variety of potential use, including commercial development, professional or office use, investment, residential use where permitted, or future redevelopment.

Additional Information

Subtype
Unimproved Land
Zoning
CG
Type
Commercial

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