900 Carthage HwyLebanon, TN 37087
Mortgage Calculator
Monthly Payment (Est.)
$0COMMERCIAL | MULTIFAMILY ZONED 2.77-acre dual-frontage development corridor connects 900 Carthage Highway to 251 Trousdale Ferry Pike, offering one of Lebanon’s most flexible and high-visibility residential development sites. The Carthage Highway side provides approximately 143 feet of frontage and includes existing multifamily units that are not for sale; however, the owner will grant access through this frontage, allowing a unified site plan and full connection between both major roadways. The Trousdale Ferry Pike side is formed by four combined parcels totaling approximately 189 feet of frontage, creating a long and efficient development block ideal for a wide range of configurations. Zoned R2 High-Density Residential, the property supports an exceptional mix of potential uses including duplexes, two-family dwellings, townhomes, multifamily structures, residential court concepts, and mobile home or manufactured housing communities. This zoning makes the site especially attractive for build-to-rent operators, small-scale multifamily developers, and long-term residential investors seeking an infill location with strong demand drivers. Utilities are readily available on both frontages, including electricity, public water, and public sewer, significantly reducing development timelines and off-site improvement costs. The location benefits from consistent traffic flow, established residential surroundings, proximity to Lebanon’s main commercial corridors, and easy access to Highway 70N and East Baddour Parkway. This corridor continues to experience rapid growth, supported by nearby employment centers, schools, and service amenities. The owner is not interested in selling; this is a ground lease opportunity only. For developers seeking long-term control of a strategically positioned infill site with strong zoning flexibility, dual access, and built-in multifamily adjacency, this property offers a rare and valuable footprint within the expanding Lebanon market.
| 2 months ago | Listing first seen on site | |
| 2 months ago | Listing updated with changes from the MLS® |
Listings courtesy of Realtracs as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 2026-01-18 10:29 PM UTC. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Each Keller Williams Realty office is independently owned and operated.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.