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Improved Mixed-Use Land for Sale in Lebanon, Tennessee

515 McCrary Rd, Lebanon, TN 37090

$3,000,000
14 acres
Active
ago
Est $14,816/mo

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.

1,900
Sq feet
3
Beds
3
Full baths
1968
Built

Location

Street address
515 McCrary Rd
Community
Robinson Prop
Elevation
591 feet
Coordinates
36.1056, -86.4148

Directions

Take I-40 E to exit 232B for TN-109 N. Follow TN-109 N to Stewarts Ferry Pike. Turn right, then left on McCrary Rd. Destination will be on your right.

Property details

Acreage
14.01 acres
MLS #
REALTRACS 3130839
Posted

Property taxes

Recent
$1,399

Parcels

  • 116 09200 000

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Financing
Conventional, Seller Financing
Possession
Negotiable

Lot

Size Source
Survey
Terrain
Cleared, Level
Features
Cleared, Level

Exterior

Parking Spaces
2
Parking
Attached
Structures
Barn(s), Guest House, Storage

Structure

Style
Ranch
Stories
1
Basement
Crawl Space
Water
Public
Sewer
Septic Tank
Heating
Central
Cooling
Central Air
Materials
Brick
Roof
Asphalt
Foundation
Block

Interior

Flooring
Laminate, Tile
Appliances
Electric Oven, Electric Range, Oven
Laundry
Electric Dryer Hookup, Washer Hookup

Property utilities

CategoryTypeStatus
WaterPublicAvailable
SewageSeptic SystemConnected

Nearby schools

NameType
Gladeville ElementaryElementary
Gladeville Middle SchoolMiddle
Wilson Central High SchoolHigh

Listing history

DateEventPriceChangeSource
Feb 14, 2026New listing$3,000,000REALTRACS
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This 14.01-acre property is located at 515 McCrary Rd in Lebanon, TN 37090. The property is available for sale for $3,000,000. It has a 1,900 sq ft 3 bedroom, 3 bath house built in 1968.

Checked 2 hours ago — Updated

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Realtracs

Based on information submitted to the MLS GRID as of Feb 19, 2026 10:00 pm MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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