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  • $3,000,000

    515 McCrary Rd, Lebanon, TN 37090

    3beds
    1,900sqft
    : 
    Single Family Residence, Residential
    Built in 1968
    14.01 Acres Lot
    $-- Zestimate®
    $1,579/sqft
    $-- HOA

    What's special

    Level topography
    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.
    43 days
    |
    298
    |
    10
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 16, 2026 at 05:04am

    Listing Provided by:

    Joseph Goodman CCIM 615-476-2953,

    RE/MAX Choice Properties 615-444-3752

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3130839MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bedrooms: 3
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Oven, Electric Range
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Flooring: Laminate, Tile
      • Basement: Crawl Space
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,900
      • Total interior livable area: 1,900 sqft
      • Finished area above ground: 1,900

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 14.01 Acres
      • Features: Cleared, Level
      • Topography: Cleared,Level
      Details
      • Additional structures: Barn(s), Guest House, Storage
      • Parcel number: 116 09200 000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence, Residential
      Materials
      • Brick
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1968

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Water Available

      Community & HOA

      Community
      • Subdivision: Robinson Prop
      HOA
      • Has HOA: No
      Location
      • Region: Lebanon

      Financial & listing details

      • Price per square foot: $1,579/sqft
      • Tax assessed value: $293,200
      • Annual tax amount: $1,399
      • Date on market: 2/14/2026
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/14/2026Listed for sale$3,000,000+1664.7%$1,579/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3130839 Report a problem
        12/23/2020Sold$170,000-25.8%$89/sqft
        Source: Public Record Report a problem
        6/26/2020Sold$229,000+14.6%$121/sqft
        Source: Public Record Report a problem
        1/1/2009Listing removed$199,900$105/sqft
        Source: NCI #966687 Report a problem
        6/13/2008Listed for sale$199,900$105/sqft
        Source: NCI #966687 Report a problem
        5/19/2008Sold$199,900+8.1%$105/sqft
        Source: Public Record Report a problem
        4/6/2006Sold$185,000$97/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$1,399 +4.9%$73,300 +4.9%
        2024$1,334 $69,900
        2023$1,334 $69,900
        2022$1,334 $69,900
        2021-- $69,900 +30%
        2020$1,355 $53,775
        2019$1,355 -4.6%$53,775 -4.6%
        2018$1,419 +0%$56,350
        2017$1,419 0%$56,350
        2016$1,419 -2%$56,350
        2015$1,448 +33.6%$56,350 +33.6%
        2014$1,084 $42,178
        2013$1,084 +0%$42,178
        2012$1,084 +2.8%$42,178
        2011$1,055 $42,178
        2010-- $42,178 -4.7%
        2009$1,076 $44,249
        2008$1,076 +9.7%$44,249 +11.8%
        2007$982 +7.9%$39,580 +7.9%
        2006$910 -0.8%$36,695 -0.8%
        2005$917 -16.5%$36,979
        2003$1,098 +15%$36,979 +15%
        2002$955 $32,163 -0.9%
        2001-- $32,453 -75%
        2000-- $129,812

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $16,401/mo
        Principal & interest
        $15426
        Property taxes
        $975
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          Climate risks

          Neighborhood: 37090

          Getting around

          9 / 100
          Car-Dependent
          30 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Gladeville Elementary
          • Middle: Gladeville Middle School
          • 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.

          Local experts in 37090