Prime +/-28.58 Acre Listing of Multi-Use Property in Lebanon's Commercial Corridor Lebanon, TN | Zoned: Residential / Agricultural
Total Combined Land: +/- 28.58 Acres
Two Residences: 2,485 SF & 2,603 SF Both with outbuildings
Road Frontage: Approx. 555 FT
Unlock the potential of this unique +/-28.58 acre property located in one of the fastest-growing areas in Tennessee. Ideally situated in Lebanon’s prime commercial corridor, this mixed-use property offers a rare combination of industrial, residential, and agricultural with commercial potential — making it ideal for investors, developers, and businesses seeking strategic expansion.
Property Features:
• Development Potential – Commercial Zoning Viability
• Two well-maintained residences on-site:
• 2,485 SF home
• 2,603 SF home
• Approximately 555 feet of road frontage, providing maximum visibility and access.
• High visibility with strong daily traffic volume
• Ideal for Commercial, Industrial, Mixed-Use, or Investment Development
• Located in Wilson County – Rapid Growth Area
Strategic Location Advantages:
• Just 7 miles from Lebanon Municipal Airport (5,000 ft runway; supports commercial & private aircraft)
• One-day trucking distance to 75% of U.S. markets
• Located minutes from 3 major interstates: I-40, I-840, I-65, and I-24
• Only 21 miles to Nashville International
Active
Price cut: $3.4M (5/27)
$4,500,000
3744 Murfreesboro Rd, Lebanon, TN 37090
3beds
2,603sqft
Single Family Residence, Residential
Built in 1987
11.58 Acres Lot
$-- Zestimate®
$1,729/sqft
$-- HOA
What's special
- 314 days |
- 70 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Diana Pederson 615-934-3077,
Crye-Leike, Inc., REALTORS 615-444-8200
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2989676
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Bedroom 1
- Features: Extra Large Closet
- Level: Extra Large Closet
- Area: 624 Square Feet
- Dimensions: 26x24
Bedroom 2
- Features: Extra Large Closet
- Level: Extra Large Closet
- Area: 154 Square Feet
- Dimensions: 14x11
Primary bathroom
- Features: Double Vanity
- Level: Double Vanity
Dining room
- Features: Formal
- Level: Formal
- Area: 224 Square Feet
- Dimensions: 16x14
Kitchen
- Features: Eat-in Kitchen
- Level: Eat-in Kitchen
- Area: 270 Square Feet
- Dimensions: 27x10
Living room
- Area: 420 Square Feet
- Dimensions: 21x20
Other
- Features: Office
- Level: Office
- Area: 150 Square Feet
- Dimensions: 15x10
Other
- Features: Utility Room
- Level: Utility Room
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Double Oven, Electric Oven, Cooktop, Dishwasher, Disposal
Features
- Flooring: Wood
- Basement: Crawl Space
Interior area
- Total structure area: 2,603
- Total interior livable area: 2,603 sqft
- Finished area above ground: 2,603
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Has private pool: Yes
- Pool features: In Ground
Lot
- Size: 11.58 Acres
- Dimensions: 11.58 Acres
- Features: Wooded
- Topography: Wooded
Details
- Parcel number: 114 02308 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Brick
- Roof: Shingle
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Security: Fire Alarm
- Subdivision: Padgett Estate
HOA
- Has HOA: No
Location
- Region: Lebanon
Financial & listing details
- Price per square foot: $1,729/sqft
- Tax assessed value: $498,400
- Annual tax amount: $2,163
- Date on market: 9/4/2025
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Price change | $4,500,000-43%$1,729/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2989676 Report a problem | ||
| 5/11/2026 | Listed for sale | $7,900,000$3,035/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2989676 Report a problem | ||
| 4/30/2026 | Contingent | $7,900,000$3,035/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2989676 Report a problem | ||
| 9/4/2025 | Listed for sale | $7,900,000+1803.6%$3,035/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2989676 Report a problem | ||
| 9/22/2017 | Sold | $415,000-5.7%$159/sqft |
Source: RealTracs MLS as distributed by MLS GRID #1851432 Report a problem | ||
| 8/3/2017 | Price change | $439,900-2.2%$169/sqft |
Source: Coldwell Banker Barnes #1851432 Report a problem | ||
| 7/8/2017 | Listed for sale | $449,900+95.6%$173/sqft |
Source: Coldwell Banker Barnes #1843661 Report a problem | ||
| 4/27/2001 | Sold | $230,000$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,378 +10% | $124,600 +10% |
| 2024 | $2,163 | $113,300 |
| 2023 | $2,163 | $113,300 |
| 2022 | $2,163 | $113,300 |
| 2021 | -- | $113,300 +28.6% |
| 2020 | $2,220 | $88,125 |
| 2019 | $2,220 | $88,125 |
| 2018 | $2,220 0% | $88,125 |
| 2017 | $2,220 +0% | $88,125 |
| 2016 | $2,220 -2% | $88,125 |
| 2015 | $2,265 +19.3% | $88,125 +19.3% |
| 2014 | $1,899 | $73,867 |
| 2013 | $1,899 +0% | $73,867 |
| 2012 | $1,898 +2.8% | $73,867 |
| 2011 | $1,847 | $73,867 |
| 2010 | -- | $73,867 -1.9% |
| 2009 | $1,832 -1.7% | $75,290 -1.7% |
| 2008 | $1,863 +12.9% | $76,584 +15.1% |
| 2007 | $1,650 | $66,529 |
| 2006 | $1,650 | $66,529 |
| 2005 | $1,650 -16.5% | $66,529 |
| 2003 | $1,976 +32.8% | $66,529 +32.8% |
| 2002 | $1,488 | $50,111 |
| 2001 | -- | $50,111 -75% |
| 2000 | -- | $200,442 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37090
Nearby schools
GreatSchools rating
- 6/10Southside Elementary SchoolGrades: PK-8Distance: 4.1 mi
- 7/10Wilson Central High SchoolGrades: 9-12Distance: 4 mi
Schools provided by the listing agent
- Elementary: Southside Elementary
- Middle: Southside Elementary
- High: Wilson Central High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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