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    Property profile & analytics

    4961 Lebanon Pike Old Hickory, TN 37138-4127

    • Strip malls
    • 1,575 SF
    OFF-MARKET
    Value Estimation
    $545,000
    Last Sale
    Apr 25, 2023
    $535,000
    Location Intelligence
    Property ID
    US80-1829071
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Davis Jr Fred D OD / Optometrist
    • K&B Cabinet - Kitchen Cabinet & Bathroom Designs / Kitchen Remodeler / Remodeler
    • Kitchen Home Remodeling / Kitchen Remodeler
    • The Rock & Roll KItchen® Nashville / Entertainment Agency / Video Production Service

    Property Details for 4961 Lebanon Pike

    Year built
    1987
    Construction
    FRAME
    Property size
    1,575 SF
    Zone code
    CS
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    065-13-0A-001-00
    APU
    065130A00100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $540,000

    • CAP approach

      CAP return
      Estimation
      6%
      $525,000
      6.5%
      $555,000
      7%
      $525,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $640,000
      Geo Method
      $625,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $550,000
      Retail
      $530,000
      Mixed-Use
      $600,000
      Hospitality
      $525,000
      Educational
      $455,000
      Residential Income
      $610,000
      Energy
      $605,000
      Income-Based Land
      $535,000
      Food Service
      $480,000

    Location Insight

    • Map
    • Local Demand
    City
    Old Hickory
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.5847
    Latitude
    36.2168
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,657
    $26,880
    $29,820
    $56,700
    -
    $67,200
    $74,550
    $141,750

    Comparable in this City

    • Value Estimation by Request
      2,324 SF

      102 22nd St

      SHOPPING CENTER, STRIP CENTER • 2,324 SF
      102 22nd St, Old Hickory, TN 37138-2502
      View Details
    • Value Estimation by Request
      1,500 SF

      4977 Lebanon Pike

      SHOPPING CENTER, STRIP CENTER • 1,500 SF
      4977 Lebanon Pike, Old Hickory, TN 37138-4127
      View Details
    • Value Estimation by Request
      5,400 SF

      2213 Old Hickory Blvd

      SHOPPING CENTER, STRIP CENTER • 5,400 SF
      2213 Old Hickory Blvd, Old Hickory, TN 37138-2614
      View Details
    • Value Estimation by Request
      2,020 SF

      2405 Old Hickory Blvd

      SHOPPING CENTER, STRIP CENTER • 2,020 SF
      2405 Old Hickory Blvd, Old Hickory, TN 37138-2616
      View Details
    • Value Estimation
      $2,005,000
      2,592 SF

      860 Robinson Rd

      SHOPPING CENTER, STRIP CENTER • 2,592 SF
      860 Robinson Rd, Old Hickory, TN 37138-3331
      View Details
    • Value Estimation by Request
      1,275 SF

      4973 Lebanon Pike

      SHOPPING CENTER, STRIP CENTER • 1,275 SF
      4973 Lebanon Pike, Old Hickory, TN 37138-4127
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,300 SF

      Retail Building with Private Offices

      2,300 SF retail building featuring private offices and security.
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      100% leased new construction retail property in high-traffic area.
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      Nashville Retail Redevelopment Opportunity

      Historic building, high NOI potential
      521 Old Hickory Blvd, Nashville, TN 37138
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    • $899,900
      2,726 SF

      Versatile Land in Old Hickory

      Mixed-use property in a growing, historic Nashville community.
      3618 Old Hickory Blvd, Old Hickory, TN 37138
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    • $160,000

      Commercial Lot Ready to Build

      Cleared commercial lot zoned CS with easy highway access.
      305 Bridgeway Ave, Old Hickory, TN 37138
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    Similar Nearby for Lease

    • $16 SF/Yr
      1,200 SF

      Retail Space in Granwood Village

      Retail space for lease in a busy shopping center.
      4331 Old Hickory Blvd, Old Hickory, TN 37138
      View Details
    • Contact for pricing
      20,000 SF

      Industrial Warehouse Space Available

      20,000 sqft warehouse space for rent in Nashville.
      931b Robinson Rd, Old Hickory, TN 37138
      View Details
    • Contact for pricing
      13,280 SF

      Prime Old Hickory Office Building

      13,280 SF Office, 0.83 Acres
      925 Industrial Dr, Nashville, TN 37138
      View Details
    • $9 SF/Yr
      40,000 SF

      Industrial Space in Old Hickory

      40,000 SF industrial space available for lease.
      740-760 Hickory Industrial Dr, Old Hickory, TN 37138
      View Details
    • Contact for pricing
      13,280 SF

      Corner Lot Office Space Available

      Office building with paved parking and signage, convenient location.
      925 Robinson Rd, Old Hickory, TN 37138
      View Details
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    Old Hickory, TN 37138-4127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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