$6,896For sale
227 Trousdale Ferry Pike
Lebanon, TN 37087 · MLS# RTC3156215
- 0Beds
- 0Baths
- 0Sq Ft
- 1993Year Built
About This Home
PRIME GROUND LEASE opportunity for savvy multifamily investors and developers in booming Wilson County, TN. This exceptional 2.77-acre (±120,000 sq ft) infill site at 900 Carthage Hwy offers rare dual frontage connecting high-traffic Carthage Highway (Hwy 70) to 227 Trousdale Ferry Pike, delivering strong visibility, accessibility, and efficient development potential in one of Wilson County’s fastest-growing corridors. The property features approximately 143 feet of frontage on Carthage Hwy and 189 feet along Trousdale Ferry Pike, forming a highly functional rectangular layout ideal for site planning and maximizing density. Zoned R2 High-Density Residential with noted commercial flexibility, it supports duplexes, townhomes, multifamily apartments, residential courts, small-scale communities, and manufactured housing, making it ideal for build-to-rent and long-term investment strategies driven by strong population growth, job expansion, and proximity to shopping, schools, and I-40 via Hwy 70N and East Baddour Parkway. Existing multifamily apartments on the 900 Carthage Hwy frontage do not convey and are excluded from the offering. The City has pre-approved cut-through access from Carthage Hwy, subject to standard conditions, allowing connectivity between both road frontages for improved circulation and design. Utilities including electricity, public water, and sewer are available on both sides, reducing development costs and timelines. Surrounded by established neighborhoods and consistent traffic, the site offers strong rental demand and long-term upside. Owner will not sell; ground lease only. Tenant responsible for due diligence, entitlements, and approvals. Rare opportunity to control a high-growth asset in Wilson County. No drive ups please shown by appointment only. Package deal—Incentives available for tenants securing all three sites (MLS No. 3156214, 3156215, and 3156216).
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Property at a Glance: 227 Trousdale Ferry Pike
This unimproved land property at 227 Trousdale Ferry Pike, Lebanon, TN 37087 is for sale at $6,896. The home has 0 bedrooms, 0 bathrooms and 0 square feet of living space. It was built in 1993 and sits on a lot of 2.77 acres. Reach out to set up a showing or ask for more details about this home.
Snapshot
- Status
- For sale
- Price
- $6,896
- Bedrooms
- 0
- Bathrooms
- 0
- Property Type
- Unimproved Land
- Year Built
- 1993
- Square Feet
- 0
- Lot Size
- 2.77 acres
- Days on Market
- 2
- MLS #
- RTC3156215
- County
- Wilson County, TN
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Property Details
Building
Land
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Structures
Living in Lebanon, TN
227 Trousdale Ferry Pike is in Lebanon, TN, in Wilson County, TN County. Ask Jon Smith about other homes for sale in Lebanon and what nearby homes have sold for.
Location
227 Trousdale Ferry Pike, Lebanon, TN 37087 Open in Google Maps
Mortgage Calculator
Principal and interest only. Taxes, insurance and HOA dues are extra.
Jon Smith Can Answer Your Questions About This Home
Why Work With Jon Smith?
Buying a home in Lebanon, TN goes better with a local agent on your side. Jon Smith can set up private showings, pull the latest numbers for the area, and guide you through the offer and the closing. Call (615) 610-1293 to get started. Whether 227 Trousdale Ferry Pike is the one or you would like to see other homes nearby, reach out any time.
Local facts
Facts and context beyond the MLS description
What the numbers say about 227 Trousdale Ferry Pike and the Lebanon area around it.
Current market context
How this home compares in Lebanon
- $199Median per sq ft
- 251Homes for sale like it
- 109Average days on market
Nearby sold homes
Recent sold homes near this property
Homes that sold within 1.25 miles of 227 Trousdale Ferry Pike in the last 6 months, at a median price of $385,950.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 550 Twyla Dr | Jul 1, 2026 | 3 bd · 3 ba · 2,200 sqft | $395,000 | 0.1 mi |
| 561 Twyla Dr | May 28, 2026 | 3 bd · 3 ba · 1,901 sqft | $375,000 | 0.2 mi |
| 557 Twyla Dr | Aug 5, 2026 | 3 bd · 3 ba · 2,200 sqft | $389,900 | 0.2 mi |
| 555 Twyla Dr | Jul 1, 2026 | 3 bd · 3 ba · 2,200 sqft | $390,000 | 0.2 mi |
| 528 Twyla Dr | Jul 20, 2026 | 3 bd · 2 ba · 1,481 sqft | $356,500 | 0.3 mi |
| 25 Dedman St | Jul 24, 2026 | 3 bd · 2 ba · 1,176 sqft | $315,000 | 0.3 mi |
| 516 Twyla Dr | Aug 28, 2026 | 3 bd · 2 ba · 1,504 sqft | $382,000 | 0.3 mi |
| 801 Isabella Aly | Apr 30, 2026 | 4 bd · 3 ba · 2,389 sqft | $392,000 | 0.4 mi |
Every home is different. Ask for a full price review before you make an offer.
Listing timeline
Price and status history
| Date | Event | Price |
|---|---|---|
| Mar 25, 2026 | Active | $6,896 |
Distance from places
How 227 Trousdale Ferry Pike sits in the Lebanon area
- I-24 at Manchester50.2 miles · about 90 minutes by car
- Downtown Manchester51.4 miles · about 92 minutes by car
- Arnold Air Force Base57.4 miles · about 103 minutes by car
- Downtown Tullahoma58.7 miles · about 105 minutes by car
Miles are a straight line from the home. Drive times are rough and change with traffic.
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Interested in 227 Trousdale Ferry Pike?
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