$950,000

305 Coles Ferry Pike Lebanon, TN 37087

Estimated payment $5,254/month

Total Views 763
1.46 Acres
$650,685 Price per Acre
63,598 Sq Ft Lot

Highlights

  • 1.46 Acre Lot
  • Level Lot
  • No Heating
  • No HOA

About This Lot

***SELLER IS ACCEPTING BACKUP OFFERS*** PRIME LOT FOR DEVELOPERS *** Zoned R2 High Density Residential and approved for up to 18 units for ANY type of residential- Single family, townhome, multi-family, etc. LOCATED in the infill overlay area.***This is a FIVE LOT package deal, to include two vacant lots and three current properties, a quad and two triplexes, all 10 units have long-term renters paying $1,000 each. Tenants convey but will move out. Properties bringing in $10,000/month in rental income. ***Electricity, water, and sewer available and ready to go. **Two options here** OPTION 1: Keep the current properties generating 10k a month, and build up to 5 additional units. **See document attached which shows what each lot is approved for by the city*** OPTION 2: If you tear down the three homes and combine 4/5 lots, the city will approve 18 units. This is the highest amount with current zoning, but planning mentioned if it's rezoned this number could go up. **You do NOT have to go before the commission to combine these lots because they will consider it a "minor combination." Level tract and located minutes from Historic Downtown Lebanon. Lots are being offered at an incredible price compared to active listings and comps in this area, perfect opportunity for developers!! Already have a lender who can assist with financing as well if requested. Bring us an offer!!

Listing Agent

Aly Clifton

VOLUME Realty Brokerage Phone: 6157120628 License #352989 Listed on: 08/15/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $920

Lot Details

  • 1.46 Acre Lot
  • Level Lot
  • Property is zoned R2 / Infil

Schools

  • Coles Ferry Elementary School
  • Walter J. Baird Middle School
  • Lebanon High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 058M E 02201 000

Property Details

Property Type

Land

Est. Annual Taxes

$920

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Inclusions: Land and Buildings
  • Attribution Contact: 6157120628
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Topography: Cleared,Level
  • View: No
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R2 / Infil
  • Current Use: Residential
  • Lot Features: Cleared, Level
  • Lot Size Acres: 1.46
  • Lot Size: 66.39 X 210 IRR
  • Lot Size Units: Acres
  • Parcel #: 058M E 02201 000
  • Property Attached Yn: No

Tax Info

  • Tax Annual Amount: 920

MLS Schools

  • Elementary School: Coles Ferry Elementary
  • High School: Lebanon High School
  • Middle Or Junior School: Walter J. Baird Middle School

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $950,000 -- --
Source: Realtracs

Source: Realtracs

MLS Number: 2974332

Realtracs
Tennessee Wilson County Lebanon 37087

305 Coles Ferry Pike, Lebanon, TN

This home is located at 305 Coles Ferry Pike, Lebanon, TN 37087 and is currently priced at $950,000. 305 Coles Ferry Pike is a home located in Wilson County with nearby schools including Walter J. Baird Middle School, Lebanon High School, and Cedars Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. 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.

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Nearby Homes
Aly Clifton
Listing Agent
Aly Clifton
Section Image
VOLUME Realty
(615) 535-2848