An exceptional investment opprotuniyt awaits on the south side of Lebanon. This expansive 38-acre tract features a desirable blend of level and gently rolling topography. Fronting 569 ft on Hwy 231 S and 425 Ft on Stumpy Lane. Zoned CS for Commercial Services. Less than one mile from I-40 @ exit 238.
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 89th 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 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $382,495, and the median is $255 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 |
|---|---|---|---|---|
| 3195 Old Murfreesboro Rd, W | Jul 20, 2026 | 3 bd · 1,456 sqft | $405,000 | 0.6 mi |
| 3070 SE Tater Peeler Rd | Jul 14, 2026 | 3 bd · 2,646 sqft | $860,000 | 0.8 mi |
| 524 Hinton Street | Jun 18, 2026 | 3 bd · 1,918 sqft | $336,000 | 0.9 mi |
| 528 Hinton Street | May 28, 2026 | 4 bd · 2,042 sqft | $359,990 | 0.9 mi |
| 514 Hinton Street | Jun 22, 2026 | 2 bd · 1,364 sqft | $317,000 | 1.0 mi |
| 133 Bellvue Dr | Jul 14, 2026 | 2 bd · 1,090 sqft | $217,500 | 1.1 mi |
| 819 Everglade Dr | May 28, 2026 | 3 bd · 2,712 sqft | $960,560 | 1.1 mi |
| 21 Pinnacles Ln | May 4, 2026 | 3 bd · 2,712 sqft | $824,990 | 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