227 Trousdale Ferry Pike
Lebanon, TN, 37087 $ 6,896
Bedrooms-- Baths-- Sq 864 Monthly Estimate*
$ 42
for $6,896. This 864 square foot building was built in 1993 on a lot size of 2.77.
PRIME GROUND LEASE opportunity for savvy multifamily investors and developers in booming Wilson County, TN. This exceptional 2.77-acre (±120,000 sq ft) infill site at 900 Carthage Hwy offers rare dual frontage connecting high-traffic Carthage Highway (Hwy 70) to 227 Trousdale Ferry Pike, delivering strong visibility, accessibility, and efficient development potential in one of Wilson County’s fastest-growing corridors. The property features approximately 143 feet of frontage on Carthage Hwy and 189 feet along Trousdale Ferry Pike, forming a highly functional rectangular layout ideal for site planning and maximizing density. Zoned R2 High-Density Residential with noted commercial flexibility, it supports duplexes, townhomes, multifamily apartments, residential courts, small-scale communities, and manufactured housing, making it ideal for build-to-rent and long-term investment strategies driven by strong population growth, job expansion, and proximity to shopping, schools, and I-40 via Hwy 70N and East Baddour Parkway. Existing multifamily apartments on the 900 Carthage Hwy frontage do not convey and are excluded from the offering. The City has pre-approved cut-through access from Carthage Hwy, subject to standard conditions, allowing connectivity between both road frontages for improved circulation and design. Utilities including electricity, public water, and sewer are available on both sides, reducing development costs and timelines. Surrounded by established neighborhoods and consistent traffic, the site offers strong rental demand and long-term upside. Owner will not sell; ground lease only. Tenant responsible for due diligence, entitlements, and approvals. Rare opportunity to control a high-growth asset in Wilson County. No drive ups please shown by appointment only. Package deal—Incentives available for tenants securing all three sites (MLS No. 3156214, 3156215, and 3156216).
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FeaturesGeneralPossession Negotiable
Roof Asphalt
Zoning Commercial
Year Built 1993
Property Subtype Unimproved Land
County Wilson County TN
Property Type Commercial Sale
Status Active
Directions From Nashville take Lebanon exit to Trousdale ferry Pike property is on left. 227 Trousdale Ferry Pike Lebanon TN 37087
City Lebanon
Lot Size Units Acres
Property Attached Y/N N
Building Area Units Square Feet
Standard Status Active
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ExteriorTotal Parking 0
Lot Size Area 2.77
Building Area Total 864
Lot Size Acres 2.77
Lot Size Source Survey
Waterfront Y/N N
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InteriorAir Conditioning Y/N N
Heating Y/N N
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* Excluded FeaturesList ByRe/Max Choice PropertiesBroker
TheGoodmanGroup@me.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $42
- Monthly Property Taxes
- --
- 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 NearbyCommerical listings in Lebanon, TN
Average List Price $3,723,043
Percent of Sale Price 53,888%
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.
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/23/2026 | $6,896 | | Listed Price |