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Property profile & analytics
OFF-MARKET
Land

4850 Old Hickory Blvd Nashville, TN 37076

1.39 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering encompasses two adjacent parcels totaling 1.39 acres situated at the high-traffic intersection of Old Hickory Boulevard and Lebanon Pike in Hermitage, Nashville, Tennessee. The property consists of two level lots, 0.78 acres and 0.61 acres respectively, located at 4850 and 4914 Old Hickory Boulevard, zip code 37076, within Davidson County. This prime location boasts exceptional visibility and accessibility, benefiting from over 50,000 vehicles passing daily. The land is priced at $847,678, translating to a land value of $10 per square foot. This presents a unique opportunity for developers seeking high-impact commercial development in a thriving Nashville submarket. The property's strategic location and high traffic counts make it an attractive investment for a variety of commercial uses. The combined acreage offers significant potential for development, promising strong returns for the discerning investor. Don't miss this chance to acquire this valuable commercial land in a rapidly growing area of Nashville.

Property profile
Verified
Property type Land
Lot 1.39 ac (60,548 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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