3744 Murfreesboro Rd

Active

Lebanon, TN 37090

3
Bedrooms
2
Bathrooms
2,603.00
Sq Ft
11.5800
Acres
Updated 20 minutes ago MLS #: 2989676 Listed 9 months ago

$4,500,000.00

Est. Monthly: $21,719.02
$1,729
Per Sq Ft

About This Property

Prime +/-28.58 Acre Listing of Multi-Use Property in Lebanon's Commercial Corridor Lebanon, TN | Zoned: Residential / Agricultural Total Combined Land: +/- 28.58 Acres Two Residences: 2,485 SF & 2,603 SF Both with outbuildings Road Frontage: Approx. 555 FT Unlock the potential of this unique +/-28.58 acre property located in one of the fastest-growing areas in Tennessee. Ideally situated in Lebanon’s prime commercial corridor, this mixed-use property offers a rare combination of industrial, residential, and agricultural with commercial potential — making it ideal for investors, developers, and businesses seeking strategic expansion. Property Features: • Development Potential – Commercial Zoning Viability • Two well-maintained residences on-site: • 2,485 SF home • 2,603 SF home • Approximately 555 feet of road frontage, providing maximum visibility and access. • High visibility with strong daily traffic volume • Ideal for Commercial, Industrial, Mixed-Use, or Investment Development • Located in Wilson County – Rapid Growth Area Strategic Location Advantages: • Just 7 miles from Lebanon Municipal Airport (5,000 ft runway; supports commercial & private aircraft) • One-day trucking distance to 75% of U.S. markets • Located minutes from 3 major interstates: I-40, I-840, I-65, and I-24 • Only 21 miles to Nashville International

Location

Subdivision Padgett Estate
Directions Follow I-40 E to US-231 S in Lebanon. Take exit 238 from I-40 E, turn right on the 231 S go 5.1 miles property is located on the right.

Interior Features

Heating Central,Electric
Cooling Central Air
Flooring Wood
Appliances Double Oven,Electric Oven,Cooktop,Dishwasher,Disposal
Basement Crawl Space

Exterior & Property

Pool
Architectural Style Ranch
Stories 1
Construction Materials Brick
Lot Features Wooded
Pool Features In Ground
Patio/Deck Features Patio
Sewer/Septic Septic Tank
Water Source Public

Schools

K-5
Elementary School
Southside Elementary
6-8
Middle School
Southside Elementary
9-12
High School
Wilson Central High School

Property Details

Property Type Residential
Property Sub Type Single Family Residence
Year Built 1987
Annual Taxes $2,163.00
Listing Office Crye-Leike, Inc., REALTORS
Listing Agent Diana Pederson
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-06-09T05:38:11+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.

Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Market Insights

Explore market data for Lebanon and the Padgett Estate neighborhood

Lebanon Market

City-wide statistics

Explore Lebanon
763
Active Listings
$998,172.52
Avg Price
2,331
Avg Sq Ft
3.5
Avg Bedrooms

Padgett Estate

Neighborhood statistics

Explore Padgett Estate
1
Active Listings
$4,500,000.00
Avg Price
2,603
Avg Sq Ft
3.0
Avg Bedrooms

Price History

Recent price changes for this property

May 27, 2026
Price Decrease
$79,000.00 → $45,000.00
$34,000.00

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 2989676

Currently active listing

9 months ago • Sep 4, 2025

278 days on market

$4,500,000.00

Originally: $7,900,000.00