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.
Active
$3,000,000
515 McCrary Rd, Lebanon, TN 37090
3beds
1,900sqft
Est.:
Single Family Residence, Residential
Built in 1968
14.01 Acres Lot
$-- Zestimate®
$1,579/sqft
$-- HOA
What's special
Level topography
- 11 days |
- 1,195 |
- 10 |
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#: 3130839
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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/14/2026 | Listed for sale | $3,000,000+1664.7%$1,579/sqft |
Source: | ||
| 12/23/2020 | Sold | $170,000-25.8%$89/sqft |
Source: Public Record Report a problem | ||
| 6/26/2020 | Sold | $229,000+14.6%$121/sqft |
Source: Public Record Report a problem | ||
| 1/1/2009 | Listing removed | $199,900$105/sqft |
Source: NCI #966687 Report a problem | ||
| 6/13/2008 | Listed for sale | $199,900$105/sqft |
Source: NCI #966687 Report a problem | ||
| 5/19/2008 | Sold | $199,900+8.1%$105/sqft |
Source: Public Record Report a problem | ||
| 4/6/2006 | Sold | $185,000$97/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 8/10Gladeville Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 8/10Gladeville Middle SchoolGrades: 6-8Distance: 1.1 mi
- 7/10Wilson Central High SchoolGrades: 9-12Distance: 2.2 mi
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.





