Back 2 Alhambra Drive
Off Market

2 Alhambra Drive

Lebanon TN 37087

0.6 ac.
Land
Last sold for $125,000
Jeff HallumsJeff Hallums, last sold this property on 06 October 2026 after 48 days on market.

Overview

Duplex Development Opportunity on Lebanon’s West Side! This .60-acre, flat and level lot is already zoned RD-9 for multifamily development, making it an excellent opportunity for a duplex or other permitted residential development. You can build one duplex plus a single family home plus a 700 square foot additional that can be attached or detached.The property is ready to build on and offers convenient access to multiple retail outlets, restaurants, and healthcare facilities—all just minutes away. A great location for investors or builders looking for a ready-to-develop multifamily site.

Features

0.6 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Lebanon over the last 12 months, the estimated median property value of 2 Alhambra Drive is $185k.

Median value
$185k
Estimated value range
$10k - $2.1m
Median days on market
23
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lebanon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2 Alhambra Drive

2026
Sold
$125,000
06 Oct 2026 by Jeff Hallums, of Discover Realty & Auction, LLC

Happy sellers in Lebanon

90%
90% of sellers in Lebanon reported that their sale price either exceeded or met their price expectations.

Lebanon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Lebanon over the last 12 months.

Local market activity for land plots in Lebanon

In the last 12 months, 48 land plots similar to 2 Alhambra Drive, have been sold.

This represents a 32% increase in land plots sales when compared to the previous 12 months.

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