Legends Drive, Lebanon, TN
Land for Sale - $669,200 - 1.92 acres
Property Info
CIMLS# | 823608 |
Location Legends Drive Lebanon TN 37087 | |
Updated | January 29th, 2016 |
Type | Land |
Price | $669,200 |
Land | 1.92 acres |
Property Description
1.92 Acres prime development opportunity. Zoned CG which allows for a wide range of possible uses including retail, office, restaurants/drinking places, and financial institutions. Highest and best use is most likely an office or medical office development. Owner has two sets of plans approved by the planning commission.
Location Description:
Located less than a mile off of Interstate 40 exit 238 in the heart of Lebanon. Across the street form the Roxy Movie Theater and Demos Restaurant, next door to the corporate headquarters for Wilson Bank and Trust.
Highlights:
>> For Sale or long term Land Lease
>> Nearly 2 acre site prime location for office development.
>> Owner has two different plans approved with the planning commission.
>> Site plan #1 delivers 3 office buildings totaling 17,444 SF with 86 parking spaces
>> Site Plan #2 delivers 4 office buildings totaling 17,856 SF with 87 parking spaces
>> Development in the area has exploded, including the "Wilson County Expo Center" and "Cumberland Center" development.
>> City just announced plans to widen Legends Drive to a 3 lane road as well as extend it to connect with Briskin Lane which leads straight to the Expo Center.
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Financials
Sales Info:
>> Commision split: 50.0%