PRIME COMMERCIAL POTENTIAL GROUND LEASE OPPORTUNITY at 101 Lei Lani Dr in Lebanon, Tennessee. This exceptional 2.55± acre corner parcel offers outstanding visibility and accessibility along a high-traffic corridor with approximately 27,000 vehicles per day per TDOT, making it an ideal site within a designated commercial neighborhood zoning area. The property features a well-maintained 2,300 sq ft single-family residence built circa 1978 with 3 bedrooms and 3 baths, providing existing infrastructure including utilities, slab foundation, and site improvements that allow for immediate use or stre
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 10th 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 2 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 $430,000, and the median is $233 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 |
|---|---|---|---|---|
| 1716 Cook Dr | May 27, 2026 | 3 bd · 3,281 sqft | $585,000 | 0.4 mi |
| 302 Cypress Ct | Jun 1, 2026 | 3 bd · 2,894 sqft | $440,000 | 0.5 mi |
| 400 Neighborly Ct | Jul 27, 2026 | 3 bd · 2,095 sqft | $489,000 | 0.5 mi |
| 124 Gatwick Dr | Jun 18, 2026 | 3 bd · 1,803 sqft | $419,999 | 0.6 mi |
| 213 Fox Hunt Ln | Jul 17, 2026 | 3 bd · 2,282 sqft | $524,999 | 0.6 mi |
| 614 Romford Blvd | Jun 10, 2026 | 3 bd · 1,501 sqft | $359,990 | 0.6 mi |
| 618 Romford Blvd | May 27, 2026 | 3 bd · 1,501 sqft | $362,940 | 0.6 mi |
| 616 Romford Blvd | May 27, 2026 | 3 bd · 1,501 sqft | $362,735 | 0.6 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