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  • $3,000,000

    515 McCrary Rd, Lebanon, TN 37090

    3beds
    1,900sqft
    : 
    Single Family Residence, Residential
    Built in 1968
    14.01 Acres Lot
    $-- Zestimate®
    $1,579/sqft
    $-- HOA

    What's special

    Level topography
    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.
    11 days
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    1,195
    |
    10
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    Zillow last checked: 8 hours ago

    Listing updated: February 16, 2026 at 05:04am

    Listing Provided by:

    Joseph Goodman CCIM 615-476-2953,

    RE/MAX Choice Properties 615-444-3752

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3130839MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bedrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Oven, Electric Range
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Laminate, Tile
    • Basement: Crawl Space
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,900
    • Total interior livable area: 1,900 sqft
    • Finished area above ground: 1,900

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 14.01 Acres
    • Features: Cleared, Level
    • Topography: Cleared,Level
    Details
    • Additional structures: Barn(s), Guest House, Storage
    • Parcel number: 116 09200 000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Water Available

    Community & HOA

    Community
    • Subdivision: Robinson Prop
    HOA
    • Has HOA: No
    Location
    • Region: Lebanon

    Financial & listing details

    • Price per square foot: $1,579/sqft
    • Tax assessed value: $279,600
    • Annual tax amount: $1,399
    • Date on market: 2/14/2026
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    2/14/2026Listed for sale$3,000,000+1664.7%$1,579/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3130839 Report a problem
    12/23/2020Sold$170,000-25.8%$89/sqft
    Source: Public Record Report a problem
    6/26/2020Sold$229,000+14.6%$121/sqft
    Source: Public Record Report a problem
    1/1/2009Listing removed$199,900$105/sqft
    Source: NCI #966687 Report a problem
    6/13/2008Listed for sale$199,900$105/sqft
    Source: NCI #966687 Report a problem
    5/19/2008Sold$199,900+8.1%$105/sqft
    Source: Public Record Report a problem
    4/6/2006Sold$185,000$97/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$1,334 $69,900
    2023$1,334 $69,900
    2022$1,334 $69,900
    2021-- $69,900 +30%
    2020$1,355 $53,775
    2019$1,355 -4.6%$53,775 -4.6%
    2018$1,419 +0%$56,350
    2017$1,419 0%$56,350
    2016$1,419 -2%$56,350
    2015$1,448 +33.6%$56,350 +33.6%
    2014$1,084 $42,178
    2013$1,084 +0%$42,178
    2012$1,084 +2.8%$42,178
    2011$1,055 $42,178
    2010-- $42,178 -4.7%
    2009$1,076 $44,249
    2008$1,076 +9.7%$44,249 +11.8%
    2007$982 +7.9%$39,580 +7.9%
    2006$910 -0.8%$36,695 -0.8%
    2005$917 -16.5%$36,979
    2003$1,098 +15%$36,979 +15%
    2002$955 $32,163 -0.9%
    2001-- $32,453 -75%
    2000-- $129,812

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $15,309/mo
    Principal & interest
    $14334
    Property taxes
    $975

      Climate risks

      Neighborhood: 37090

      Getting around

      9 / 100
      Car-Dependent
      30 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Gladeville Elementary
      • Middle: Gladeville Middle School
      • High: Wilson Central High School

      Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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