515 McCrary Rd

Active

Lebanon, TN 37090

3
Bedrooms
3
Bathrooms
1,900.00
Sq Ft
14.0100
Acres
Updated 13 minutes ago MLS #: 3130839 Listed 2 months ago

$3,000,000.00

Est. Monthly: $14,479.35
$1,579
Per Sq Ft

About This Property

COMMERCIAL CORRIDOR IN PRIME POSITION surrounded by major regional anchors including Amazon, FedEx, Walmart Distribution, and Starbucks — positioned in the direct path of industrial and flex expansion just off the I-840 and Stewarts Ferry Pike interchange. ±14 acres ( selling 3 parcels as 1) featuring approximately 690 feet of frontage on McCrary Road and ±530 feet of visibility along I-840 deliver rare dual-frontage access, exposure, and long-term commercial leverage in one of Wilson County’s fastest-growing corridors. The property is income-producing today, with two leased residences generating a combined $2,800 per month and a 30x50 insulated shop with electric already in place. An owner-operator can immediately establish a headquarters, equipment yard, fleet base, or storage operation while maintaining rental income that offsets holding costs. The existing shop supports operational flexibility from day one and can function as workspace, inventory storage, or additional revenue-producing space. The tract includes two approved soil areas capable of supporting development. Adjacent property is commercially zoned and successfully operating on septic systems, reinforcing a logical transition of this parcel into low-intensity commercial use aligned with the surrounding corridor. A strategic rezoning to C-1 or conditional light commercial would allow flex warehouse, contractor yard, equipment laydown, commercial storage, RV/boat storage, or small office use — responsible intensity consistent with current infrastructure until municipal sewer becomes available. For a 1031 exchange buyer, this asset offers immediate income, operational usability, and entitlement upside within a proven growth corridor. The level topography and acreage depth support phased expansion, potential subdivision, or long-term repositioning as infrastructure evolves and land values accelerate. Proof of funds required prior to showing by appointment only. Owner financing with 30% down.

Location

Subdivision Robinson Prop
Directions Take I-40 E to exit 232B for TN-109 N. Follow TN-109 N to Stewarts Ferry Pike. Turn right, then left on McCrary Rd. Destination will be on your right.

Interior Features

Fireplaces 1
Heating Central
Cooling Central Air
Flooring Laminate,Tile
Appliances Electric Oven,Oven,Electric Range
Basement Crawl Space

Exterior & Property

2 Car Garage
Architectural Style Ranch
Stories 1
Construction Materials Brick
Lot Features Cleared,Level
Sewer/Septic Septic Tank
Water Source Public

Schools

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

Property Details

Property Type Residential
Property Sub Type Single Family Residence
Year Built 1968
Annual Taxes $1,399.00
Listing Office RE/MAX Choice Properties
Listing Agent Joseph Goodman CCIM
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-04-23T11:37:50+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 Robinson Prop neighborhood

Lebanon Market

City-wide statistics

Explore Lebanon
734
Active Listings
$1,022,824.59
Avg Price
2,406
Avg Sq Ft
3.5
Avg Bedrooms

Robinson Prop

Neighborhood statistics

Explore Robinson Prop
1
Active Listings
$3,000,000.00
Avg Price
1,900
Avg Sq Ft
3.0
Avg Bedrooms

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3130839

Currently active listing

2 months ago • Feb 14, 2026

68 days on market

$3,000,000.00

Sold

MLS# 2973899

Property sold and closed

7 months ago • Sep 18, 2025

26 days on market

$2,000.00