6505 Hickory Ridge Rd - Commercial LAND FOR SALE


Lebanon, TN 37090 1,176,120 SF
$2,500,000 USD
615-970-1483
6505 Hickory Ridge Rd, Lebanon, TN for Sale
$2,500,000 USD
Commercial LAND - FOR SALE
1/15
1,176,120 SF

6505 Hickory Ridge Rd
Lebanon, TN 37090


OVERVIEW

Situated on an expansive 27-acre property, this southern ranch home blends rural living with the potential for future commercial and/or multi-family development opportunities. Property is located directly across Hickory Ridge Rd from Publix and nearby shops, 5 minutes from Interstate 40, and 25 minutes from downtown Nashville. The existing home features a sweeping 175 sq. ft. wraparound porch, 3 bedrooms and 3 full baths, a private pond, and a 10,000 sq. ft. barn including 21 horse stalls and a riding arena. Additional unfinished bonus area is located off of the den and over the garage. Full unfinished heated/cooled basement. Previously long-term rented for approximately $6,500/month, the home is also a potential candidate for short-term rental use (see R-1 zoning attachment). The property is located in Wilson County, but offers potential for future development as it is in the Urban Growth Boundary with Proposed Future Land Use designated as Low Density Residential (4 Units per acre). Option available to purchase home fully furnished. An attempt was made in 2022 to have the property annexed/rezoned with a proposed development plan of approximately 100+ townhomes and 1 commercial outparcel. The annexation was not approved in 2022. There is a sewer manhole on the front of the adjacent parcel to the West. The sewer cannot be utilized until the annexation occurs. Given the significant growth and demand for the area, as well as proximity to the highway/interstate interchange and nearby commercial type zonings, there is a good chance the property could eventually be annexed into the city in the future. Seller will not consider annexation or rezoning contingencies for purchase. Please do not drive on the property without agent present. Furniture is negotiable in purchase.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/ACRE

$92,593/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Mixed Use, Hospitality, Bank, Department Store, Drug Store, Fast Food, General Freestanding, Health Care, Master Planned Community, Medical, Neighborhood Center, Office Park, Restaurant, Storefront, Storefront Retail/Office, Storefront Retail/Residential, Strip Center

LAND ACRES

27 AC

LAND SF

1,176,120 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

R-1

APN/PARCEL ID

070-069.02

ASK ABOUT THIS PROPERTY

Gregory SmithBenchmark Realty LLCMore Info
615-970-1483

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Gregory SmithBenchmark Realty LLCMore Info
615-970-1483

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.