




515 McCrary Rd, Lebanon, TN, 37090
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
Schools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Inland Flooding
- Lightning
- Tornado
- Winter Weather
- Earthquake
- Hail
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $15,169 | $182,028 |
| Home Insurance | $1,121 | $13,452 |
| Property Taxes | $4,681 | $56,172 |
| Electricity | $175 | $2,103 |
| Total | $21,146 | $253,752 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-14 | Listed for sale | $3,000,000 |
| 2020-12-23 | Sold | $170,000 |
| 2020-06-26 | Sold | $229,000 |
| 2009-01-01 | Listing removed | $199,900 |
| 2008-06-13 | Listed for sale | $199,900 |
| 2008-05-19 | Sold | $199,900 |
| 2006-04-06 | Sold | $185,000 |
