For Sale
$1,300,000

1436 Rutledge Ln Lebanon, TN 37087

10 acres, prime development potential

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 10-acre parcel in Lebanon, Wilson County, Tennessee, presents a compelling investment opportunity. Located at 1436 Rutledge Ln., 37087, this property is ideally situated for residential development. While currently requiring annexation and rezoning into the city of Lebanon, its adjacency to already-annexed parcels simplifies this process. The site benefits from readily available city water and sewer, with sufficient capacity to support future growth. The surrounding area boasts a robust real estate market, with national homebuilders like DR Horton, Lennar, MI Homes, and Century Communities achieving strong sales figures. New homes in this northern Lebanon submarket are selling for between $380,000 and $480,000, with a sales volume averaging four units per month. The property's APN is 09505900201. This is a rare chance to acquire a significant land holding in a thriving Tennessee community. The asking price is $1,300,000. The permitted zoning is R-1.

Highlights

  • 10 acres of land in Lebanon, Wilson County, TN.
  • Requires annexation and rezoning into the City of Lebanon, adjacent to annexed parcels.
  • City water and sewer available on-site.
  • Strong surrounding market with national builders (DR Horton, Lennar, MI Homes, Century Communities) achieving $380,000-$480,000 sales prices and selling 4 units per month.

Property Details for 1436 Rutledge Ln

Property type
Land
Lot Size (sq. ft)
435,600 SF

Location Insight

City
Lebanon
County
Wilson
State
Tennessee
Latitude
36.2356944
Longitude
-86.2714153

FAQs

What type of property is this?
Land - 10 acres, prime development potential
Where is the land located?
The property is located at 1436 Rutledge Ln Lebanon, TN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 10 acres of land in Lebanon, Wilson County, TN.; Requires annexation and rezoning into the City of Lebanon, adjacent to annexed parcels.; City water and sewer available on-site.
How can I contact the broker?
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1436 Rutledge Ln
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