515 McCrary Rd
Lebanon, TN, 37090 $ 3,000,000
Bedrooms3 Baths3.0 Sq 1,900 Monthly Estimate*
$ 18,472
for $3,000,000 with 3 bedrooms and 3 full baths. This 1,900 square foot home was built in 1968 on a lot size of 14.01.
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.
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FeaturesGeneralLiving Area 1900
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Water Available
Possession Negotiable
Roof Asphalt
Appliances Electric Oven Oven Electric Range
Garage Spaces 2
Architectural Style Ranch
Construction Materials Brick
Pets Allowed Yes
Year Built 1968
Stories Count 1
Topography Cleared Level
Levels One
Property Subtype Single Family Residence
County Wilson County TN
New Construction N
Property Type Residential
Attached Garage Y
Subdivision Name Robinson Prop
Garage Y/N Y
Full Baths 3
Status Active
Buyer Financing Conventional Other Seller Financing
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.
High School Wilson Central High School
City Lebanon
Senior Community Y/N N
Lot Size Units Acres
Elementary School Gladeville Elementary
Property Attached Y/N N
Year Built Details Approximate
Tax Annual Amount 1399
Middle/Junior High School Gladeville Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorBasement Crawl Space
Flooring Laminate Tile
Total Fireplaces 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1900
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 3
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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ExteriorParking Features Attached
Lot Features Cleared Level
Water Source Public
Total Parking 2
Lot Size Area 14.01
Building Area Total 1900
Lot Size Acres 14.01
Lot Size Source Survey
Waterfront Y/N N
Covered Spaces 2
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* Excluded FeaturesList ByRe/Max Choice PropertiesBroker
TheGoodmanGroup@me.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,472
- Monthly Property Taxes
- $117
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Lebanon, TN
Average List Price $762,530
Percent of Sale Price 75%
About Lebanon, TN 33,677 Population
48% Since 2002
$ 46,583 Median Income
38.62 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
244342 Elementary School
2560278 Middle School
Wilson Central High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/14/2026 | $3,000,000 | | Listed Price |