515 Mccrary Rd

Lebanon, TN
$ 3,000,000 Beds 3 Baths 3 Sq 1,900
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 3,000,000
  • City
  • Lebanon
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • WILSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 14.01 Acres
  • Zip
  • 37090
  • Sqr Footage
  • 1,900
  • Year Built
  • 1968
  • Taxes
  • $ 1399
  • Style
  • Ranch
  • MLS#
  • 3130839
Listed By: RE/MAX Choice Properties;
Data Source: Listing courtesy of RealTracs MLS as distributed by MLS GRID

Features

General

Living 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 No
Property Type Residential
Attached Garage Yes
Subdivision Name Robinson Prop
Garage Y/N Yes
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 No
Lot Size Units Acres
Elementary School Gladeville Elementary
Property Attached Y/N No
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

Interior Features

Basement Crawl Space
Flooring Laminate,Tile
Total Fireplaces 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 1900
Laundry Features Electric Dryer Hookup,Washer Hookup
Total Bedrooms 3
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3

Exterior Features

Parking 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 No
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Tullahoma, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Gladeville Elementary
Middle School Gladeville Middle School
High School Wilson Central High School

Price History

2/14/2026 Listed $3,000,000

Property vs Zip Code Average in 37090

Price
AVG $1.21M
$3M
Taxes
AVG $2,222
$1,399
Year Built
AVG 2009
1968
Visits
AVG 51
132
Data Provided by Inside Real Estate®

Areas That We Cover

515 Mccrary Rd Lebanon, TN is a Single Family Home for sale at $3000000 with 1900 sqft and a lot size of 14.01 Acres Acre(s). 515 Mccrary Rd Lebanon has 3 bedrooms, 3 baths and was built in 1968. The property's zip code is 37090 which is in Lebanon, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.