Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

515 McCrary Rd, Lebanon, TN, 37090

3beds
3baths
1,900sqft
$3,000,000
$1,579price/sqft
$21,146/moest. monthly cost
$845,840/yrincome needed

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.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

8/10
8/10
Gladeville Middle SchoolGrades 6-81.1 mi
7/10

Construction

Condition

  • Year built: 1968

Materials

  • Roof: Asphalt
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Electric Oven,Oven,Electric Range
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 3

Features

  • Flooring: Laminate,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 1,900

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,900
  • Total interior livable area: 1,900 sqft

Property

Details

  • Parcel number: 116 09200 000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Topography of land: Cleared,Level

Lot

  • Lot size: 14.01 Acres
  • Features: Cleared,Level

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2