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29764194
29764195

515 McCrary Rd, Lebanon, TN 37090

JG
TN 299535
RE/MAX Choice Properties
Listed by RE/MAX Choice Properties
$3,000,000
129 days on market
Updated 33 days ago

McCrary Corridor

Details
Property Type Industrial, Land (+1)
Sub Type Flex, Refrigerated/Cold Storage (+1)
Cap Rate 0.1%
NOI $3,000
Occupancy 100%
Tenancy Multi
Lease Type Modified
Lease Term 1.7
Lease Expiration 10/15/2027
Remaining Term 1.3
Broker Co-Op Yes
Class B
Buildings 4
Acreage 14.000
Parking Spaces per unit
Investment Type Stabilized
Lease Commencement 02/15/2026
Ground Lease No
Sale Condition 1031 exchange

Commercial Growth Platform I-840 | 14 + Acres

Marketing description

Positioned in the direct expansion path of Wilson County’s industrial and flex growth, McCrary Corridor represents a rare 14± acre commercial assembly offered as three contiguous parcels totaling approximately 690 feet of frontage along McCrary Road and ±530 feet of high-visibility exposure to Interstate 840. The site sits minutes from the I-840 and Stewarts Ferry Pike interchange and is surrounded by dominant regional anchors including Amazon, FedEx, WalmartDistribution, and Starbucks — reinforcing long-term logistics, workforce, and service demand.

This is not raw land. It is a performing asset with infrastructure in place.

The property currently generates $2,800 per month from two leased residences while also featuring a 30x50 insulated shop with electric service — ideal for immediate owner-operator functionality. A contractor, fleet operator, service provider, or equipment-based business can establish a headquarters, storage yard, or operational base on day one while maintaining income that offsets carry costs.

Two approved soil areas are in place, and adjacent commercial properties are successfully operating on septic systems, supporting a logical transition into low-intensity commercial use consistent with existing corridor development. A strategic rezoning to C-1 or conditional light commercial would align with surrounding uses and support flex warehouse, contractor yard, equipment laydown, commercial storage, RV/boat storage, or small office operations — scalable intensity aligned with current infrastructure until sewer expansion unlocks higher-density potential.

Topography is level and development-ready, allowing for phased expansion, subdivision strategies, or long-term repositioning as I-840 traffic patterns and corridor values continue to accelerate. Dual frontage creates rare visibility leverage and signage opportunity in a market where entitled industrial land is tightening and replacement cost continues to rise.

For a 1031 exchange investor, this offering combines three value layers:

  1. Immediate income

  2. Operational utility

  3. Entitlement and growth upside

Offered by appointment only. Proof of funds required prior to showing. Owner financing available with 30% down.

McCrary Corridor is not just land — it is a control position inside one of Middle Tennessee’s most active industrial growth rings.

Investment highlights

McCrary Road Corridor | Strategic Flex & Industrial Expansion Opportunity

Positioned in the direct path of Wilson County’s industrial and logistics growth, the McCrary Road Corridor presents a rare opportunity to secure scale, frontage, and long-term upside in one of Middle Tennessee’s fastest-expanding commercial pockets. Located just off the I-840 and Stewarts Ferry Pike interchange, the property is surrounded by major regional anchors including Amazon, FedEx, Walmart Distribution, and Starbucks—placing it squarely within an established and expanding employment corridor.

The offering consists of approximately 14 contiguous acres with substantial dual visibility, featuring significant frontage along McCrary Road and exposure to I-840. This combination delivers immediate operational utility today with compelling future development optionality. The tract is currently income-producing, with two leased residences generating consistent monthly revenue and a 30x50 insulated shop with electric already in place—allowing an owner-operator to establish a headquarters, contractor yard, flex warehouse base, or equipment staging facility while offsetting holding costs.

From an investment standpoint, the property supports a phased approach. An operator can occupy and monetize immediately, while reserving acreage for future flex buildings, yard expansion, or parcel segmentation as infrastructure and surrounding density continue to mature. Adjacent commercial activity and successful septic-supported operations reinforce a logical path toward low-intensity commercial use without prematurely overreaching into heavy retail intensity.

Key Investment Strengths:

• Prime corridor positioning within a high-growth logistics and industrial node

• Dual frontage and visibility along McCrary Road and I-840

• Immediate income stream with operational infrastructure in place

• Scalable ±14-acre footprint suitable for phased development

• Surrounded by institutional-grade employers driving long-term demand

• Strategic hold, owner-user, or value-add repositioning opportunity

The McCrary Road Corridor is not a speculative land play—it is a strategic control position inside a proven growth path. For investors and operators seeking frontage, flexibility, and future leverage in Wilson County, this asset offers a disciplined entry point with layered upside.

Listing Contacts

JG
TN 299535
RE/MAX Choice Properties
Listed by RE/MAX Choice Properties

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Annual Cash Flow
$3,000.00
$250.00/mo

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DSCR
0.1%
Cap Rate
0.1%
ROI

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Zoning

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A-1 AgricultureAgricultural
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Last updated Jan 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Joseph Goodman,CCIN
License
299535
Brokerage
RE/MAX Choice Properties
Brokerage Phone
6154762953
Brokerage Address
115 North Castle Heights Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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