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215 N College St - 215 N College St 2.57 Acres of Commercial Land Offered at $3,181,797 CAD in Lebanon, TN 37087

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INVESTMENT HIGHLIGHTS

  • Approved and fully entitled for 87 Multifamily Units with surface parking
  • Located 0.25 miles from Downtown Lebanon Square
  • Proximity to walkable amenities and improved public realm
  • 2.57 Acres - SP Zoning (Specific Plan – North College & Sycamore)
  • Full architectural, civil, and design plans completed
  • Easy access to I-40, I-840, and Hwy 109

EXECUTIVE SUMMARY

SVN | Accel Commercial Real Estate is pleased to present a fully entitled multifamily development opportunity located just steps from the historic Downtown Lebanon Square. This 2.57-acre site is approved for the construction of 87 multifamily units with surface parking, providing an ideal opportunity for developers seeking a shovel-ready project in one of Middle Tennessee’s fastest-growing communities.
Strategically positioned within walking distance to dining, retail, and entertainment amenities, the site sits in the North College and Sycamore Specific Plan (NCSSP) District, with zoning that supports high-density residential development while encouraging pedestrian-friendly, mixed-use environments. The plan includes two multifamily buildings designed with thoughtful architecture, landscaped courtyards, modern streetscapes, and enhanced walkability — all aligned with the City of Lebanon’s long-term vision for urban infill and housing diversification.
To access DD documents, click the following link: https://drive.google.com/drive/folders/18mftvA6-X3wQVWdAY86il3XisiZ8G_-r?usp=sharing

PROPERTY FACTS

Price $3,181,797 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
  • Hold For Investment
  • Neighbourhood Centre
  • Office Park
  • Planned Unit Development
  • Restaurant
  • Specialty, Festival or Entertainment
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 2.57 AC
Zoning SP - SP Zoning

1 LOT AVAILABLE

Lot

Price $3,181,797 CAD
Price Per AC $1,238,053.26 CAD
Lot Size 2.57 AC

This 2.57-acre site is approved for the construction of 87 multifamily units with surface parking, providing an ideal opportunity for developers seeking a shovel-ready project in one of Middle Tennessee’s fastest-growing communities.

DESCRIPTION

Lebanon, TN, is a charming city located in the heart of Middle Tennessee, approximately 25 miles east of Nashville. As the county seat of Wilson County, it offers a blend of rich history and modern amenities. With a population of around 39,562, Lebanon is known for its celebrated local culture and the nickname "Cedar City". Strategically positioned within walking distance to dining, retail, and entertainment amenities, the site sits in the North College and Sycamore Specific Plan (NCSSP) District, with zoning that supports high-density residential development while encouraging pedestrian-friendly, mixed-use environments.

Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
068E-B-024.00
Land Assessment
$112,541 CAD
Improvements Assessment
$0 CAD
Total Assessment
$112,541 CAD
  • Listing ID: 36848328

  • Date on Market: 2025-07-21

  • Last Updated:

  • Address: 215 N College St, Lebanon, TN 37087

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