Want maximum exposure for your commercial goals? This flat, vacant lot zoned Commercial Neighborhood is less than 1/2 mile off Interstate 40, right next to one of the entrances to the Wilson County/TN State Fair. Lebanon ranked one of the top 15 fastest growing cities in the nation by a recent U.S. Census (the only city in TN that made the list). No need to wait for further development in order to establish yourself on this amazing location. A small market was damaged in the storms of 2020; the sellers never re-built. You have a blank slate to take advantage of this Commercial Neighborhood zoning (details of Commercial Neighborhood attached). Tons of possibilities with current zoning, including Food/Beverage, Retail, Health Care, Hotel/Motel, Medical, AND may be able to be combined with dwelling units! 200 ft of Road Frontage in this fantastic location. All utilities readily available including water, sewer, electric and natural gas. Hit the ground running with this great opportunity.
Property Details
Property Features
Listing Office:
Office Name: WEICHERT, REALTORS - The Andrews Group
Office Phone: (615) 403-2486
Listing Agent: Andy Lusk, SRES
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Cleared, Level
Lot Size: 1.40 Acres
Other
Directions Information:
Directions: From I-40, Take exit 239-B toward Lebanon. The property is on your right, about 1/2 mile north of the interstate. DIRECTLY BESIDE TN State Fair signs to Fiddlers Grove.
Price Information
Listing Price Info
Price Summary:
List Price: $1,700,000
Tax Information:
Annual Amount: $1,469
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lebanon, TN.
This property is $1.2M more than the Median Sold Price in Lebanon, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: REALTRAC
MLS Number: #2691596
Listing Office:
Office Name: WEICHERT, REALTORS - The Andrews Group
Office Phone: (615) 403-2486
Listing Agent: Andy Lusk, SRES
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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 data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:18:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,469
$41,480
2019
$2,509
$66,760
2018
$2,343
$66,760
2017
$2,343
$66,760
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,552
Per Month
Principal & Interest
$8,485
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,163
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Coles Ferry Elementary School
511 Coles Ferry Pike
Distance between this listing and this school2.16 miles
Public District Grades PK-5
6
/10
Sam Houston Elementary School
207 Oakdale Dr
Distance between this listing and this school2.28 miles
Public District Grades PK-5
5
/10
Castle Heights Elementary School
1007 N Castle Heights Ave
Distance between this listing and this school2.58 miles
Public District Grades PK-5
Nearby Schools
5
/10
Walter J. Baird Middle School
131 Wjb Pride Ln
Distance between this listing and this school2.25 miles
Public District Grades 6-8
6
/10
Southside Elementary School
1224 Murfreesboro Rd
Distance between this listing and this school2.45 miles
Public District Grades PK-8
5
/10
Winfree Bryant Middle School
1213 Leeville Pike
Distance between this listing and this school2.71 miles
Public District Grades 6-8
Nearby Schools
8
/10
Barry Tatum Academy
351 Stumpy Ln
Distance between this listing and this school2.57 miles
Public District Grades KG-12
7
/10
Lebanon High School
500 Blue Devil Blvd
Distance between this listing and this school3.43 miles
Public District Grades 9-12
8
/10
Wilson Central High School
419 Wildcat Way
Distance between this listing and this school7.95 miles
The neighbors living near this home have an average income of $39,941. The majority of Lebanon, TN residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Living In Lebanon, TN
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Lebanon, TN?
The housing landscape in Lebanon, Tennessee, is characterized by a mix of single-family homes, apartments, and townhouses, with single-family homes being the most prevalent. The architectural styles in the area reflect a blend of traditional and contemporary designs, with a noticeable presence of brick and stone facades. The market is diverse, offering options for various preferences and budgets.
Is Lebanon, TN a good place to live?
Lebanon prides itself on a warm, community-oriented atmosphere, with a rich history that is celebrated through local events and festivals. The city's character is further defined by its scenic parks and historic sites, which contribute to the area's charm and appeal to residents and visitors alike.
Are things conveniently located in Lebanon, TN?
Lebanon provides a range of essential services to its residents, including a solid educational system with multiple public and private schools catering to different educational needs. The city is served by healthcare facilities that offer a variety of services, from primary care to specialized treatments. Retail and dining options are abundant, reflecting the local culture and providing residents with a taste of Lebanon's hospitality.
What does the transportation in Lebanon, TN look like?
Transportation in Lebanon includes a combination of private and public transit options, with a focus on convenience and accessibility. The city's layout and infrastructure support a range of commuting preferences, from driving to cycling, with certain areas being particularly pedestrian-friendly. The road network facilitates easy travel to and from the city, with ongoing improvements aimed at enhancing the efficiency of local transport.
Frequently Asked Questions About 1037 Sparta Pike
What is the listing price of this property?
The listing price of 1037 Sparta Pike property is $1,700,000.
What type of property is this?
The property 1037 Sparta Pike is land located in Lebanon, Tennessee, 37087.
Is this property for sale now?
Active Listing: 1037 Sparta Pike is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,469 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1037 Sparta Pike in Lebanon, TN and zip code 37087. This home sits on a 1.40 acre lot. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $1,700,000.
In November 2024, from all listings sold in Lebanon, TN there were more than 17 sold above asking price, over 55 sold below and more than 34 were sold right at the asked price. Between October 2024 and November 2024, Lebanon, TN real estate market has seen increase in the number of listings by 6.4%. The median list price of listings available in November 2024 was $415,842, while the average time on the real estate market was 21 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
Pro Wrestling
Pro Wrestling
Figure Skating
Extreme Sports
Wal-Mart
Family Dollar
Kmart
Sonic
Dominos Pizza
Bob Evans
Oldsmobile
Ford
Buick
Contemporary Inspirational
New Country