2.60 AC HOTEL SITE LOCATION I-40 Exit 236

I-40 @ Hartmann Dr and Interstate Dr Lebanon, TN, TN 37090

I-40 @ Hartmann Dr and Interstate Dr, Lebanon, TN, TN, 37090
Area business
I-40 @ Hartmann Dr and Interstate Dr, Lebanon, TN, TN, 37090 I-40 @ Hartmann Dr and Interstate Dr, Lebanon, TN, TN, 37090 I-40 @ Hartmann Dr and Interstate Dr, Lebanon, TN, TN, 37090 I-40 @ Hartmann Dr and Interstate Dr, Lebanon, TN, TN, 37090 I-40 @ Hartmann Dr and Interstate Dr, Lebanon, TN, TN, 37090 I-40 @ Hartmann Dr and Interstate Dr, Lebanon, TN, TN, 37090 I-40 @ Hartmann Dr and Interstate Dr, Lebanon, TN, TN, 37090 I-40 @ Hartmann Dr and Interstate Dr, Lebanon, TN, TN, 37090
FOR SALE
Property Type:
Commercial Land Development
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Jul 14, 2023

PROPERTY HIGHLIGHTS
 
  • 2.60 Acres in Lebanon, 840 +/- ft Road Frontage
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  • Mostly cleared, level lot. All utilities present
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  • Excellent visibility from both Eastbound and Westbound I-40
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  • Easy access via Hartmann Drive to Route 840, Connects to I-24
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  • 2021 Traffic Counts: 15,095 ADV on South Hartmann Drive
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  • Current Zoning: RR (Land Use Plan: Mixed Use)
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  • Hotel, Office, Restaurant, Office, Retail, Residential
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  • Wilson County tax map parcel # 081 116.00
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    What are Real Estate Incentives?

    Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

    Why are Real Estate Incentives Important and to Whom?

    "Incentives" are vital today and in the future because:

    • U.S. Public: Many incentives focus on job creation and Affordable Housing
    • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
    • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
    • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.