515 Mccrary Rd, Lebanon, TN 37090
Local realty services provided by:Better Homes and Gardens Real Estate Ben Bray & Associates
515 Mccrary Rd,Lebanon, TN 37090
$3,000,000
- 3 Beds
- 3 Baths
- 1,900 sq. ft.
- Single family
- Active
Listed by: joseph goodman ccim
Office: re/max choice properties
MLS#:3130839
Source:NASHVILLE
Price summary
- Price:$3,000,000
- Price per sq. ft.:$1,578.95
About this home
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.
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Home facts
- Year built:1968
- Listing ID #:3130839
- Added:1 day(s) ago
- Updated:February 16, 2026 at 01:51 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,900 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Asphalt
- Year built:1968
- Building area:1,900 sq. ft.
- Lot area:14.01 Acres
Schools
- High school:Wilson Central High School
- Middle school:Gladeville Middle School
- Elementary school:Gladeville Elementary
Utilities
- Water:Public, Water Available
- Sewer:Septic Tank
Finances and disclosures
- Price:$3,000,000
- Price per sq. ft.:$1,578.95
- Tax amount:$1,399
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