Active

4994 Murfreesboro Rd, Lebanon TN 37090

$12,000,000
54.08 acres

Unique 54.08-Acre Investment & Development Opportunity.Discover an exceptional opportunity to own approximately 54.08 acres with a versatile mix of commercial and agricultural zoning. The property currently operates as a successful flea market with 200+ vendors, offering an established income-producing use while providing tremendous potential for future development.The property includes approximately 10 acres zoned Commercial and an additional 44.08 acres zoned Agricultural (AG), creating a wide range of possibilities for an investor, developer, or entrepreneur. Any future residential, recreat

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CloseDaily local analysis

Facts and context beyond the MLS description

The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.

Current market context

How this property compares in Lebanon

This property is grouped with the current listings without a reported bedroom count in Lebanon. Its asking price falls near the 92nd percentile of that active group. The comparison uses 251 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.

The property has been tracked for 1 day, while the current cohort averages 97 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.

$199Cohort median $/sqft
251Comparable active listings
97 daysAverage market time

Nearby closed sales

Recent sold homes near this property

The local sold-history cache contains 3 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $440,000, and the median is $240 per square foot where square footage was reported.

Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.

AddressSoldHomeSold priceDistance
5810 Murfreesboro Rd Jul 31, 2026 2 bd · 1,876 sqft $370,000 0.9 mi
5398 Woods Edge Dr Jul 6, 2026 3 bd · 3,374 sqft $902,000 1.0 mi
886 Chicken Rd Jun 4, 2026 3 bd · 1,836 sqft $440,000 1.1 mi

MLS timeline

Price and status history

This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.

  1. $12,000,000 · Coming Soon
  2. $12,000,000 · Coming Soon
  3. $12,000,000 · Active
  4. $12,000,000 · Active
  5. $12,000,000 · Active
  6. $12,000,000 · Active

Location reference points

How this address sits within the Lebanon area

These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.

  • I-24 at Manchester43.6 miles straight-line · roughly 78 driving minutes
  • Downtown Manchester44.7 miles straight-line · roughly 80 driving minutes
  • Arnold Air Force Base50.6 miles straight-line · roughly 90 driving minutes
  • Downtown Tullahoma51.2 miles straight-line · roughly 91 driving minutes
  • Tims Ford Lake62.2 miles straight-line · roughly 111 driving minutes

Continue comparing

Similar active homes in Lebanon

These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.

View all Lebanon homes for sale · See the Lebanon market report

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