Prime commercial and residential development opportunity in one of Lebanon's fastest-growing corridors. This 67.08-acre tract is ideally located less than ¾ mile from I-40, just 35 minutes to Downtown Nashville, with outstanding access and future growth potential. The northern portion of the property lies along a proposed future thoroughfare in the City of Lebanon's transportation plan, connecting to the proposed I-40/Peyton Road interchange. The property features approximately 25 acres of pasture, gently rolling to level topography, 552 feet of road frontage, city water at the road, a small p
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is grouped with the current listings without a reported bedroom count in Lebanon. Its asking price falls near the 90th percentile of that active group. The comparison uses 274 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 0 days, while the current cohort averages 45 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 4 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $285,460, and the median is $199 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1308 Hill Lakes Ln | Jun 15, 2026 | 4 bd · 2,333 sqft | $440,000 | 0.7 mi |
| 0 Mill Road | Jul 14, 2026 | — | $190,000 | 1.1 mi |
| 1778 Bluebird Rd | Jun 8, 2026 | 3 bd · 1,512 sqft | $317,000 | 1.1 mi |
| 1778 Bluebird Rd | Jun 8, 2026 | — | $253,920 | 1.1 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Location reference points
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Lebanon homes for sale · See the Lebanon market report