Description of 5106 Old Hickory Blvd, Nashville, TN 37218
Iconic Lewis Country Store. Thriving convenience store, gas pumps with high volume, restaurant and landmark on high traffic count road. Over 17,000 sq ft building with basement on approx. 2.5 acres. Coolers, restaurant equipment, mechanicals all in good condition. Gas pumps are leased separately and do not convey. Additional parking with connecting bridge does not come with the property. Septic system in back of building. Financials provided upon receipt of a confidentiality agreement. Be respectful of staff
Listing updated: 1/6/2024
Iconic Lewis Country Store. Thriving convenience store, gas pumps with high volume, restaurant and landmark on high traffic count road. Over 17,000 sq ft building with basement on approx. 2.5 acres. Coolers, restaurant equipment, mechanicals all in good condition. Gas pumps are leased separately and do not convey. Additional parking with connecting bridge does not come with the property. Septic system in back of building. Financials provided upon receipt of a confidentiality agreement. Be respectful of staff
| LAST UPDATED | 1/6/2024 | YEAR BUILT | 2004 |
|---|---|---|---|
| COUNTY | Davidson | STATUS | Sold |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| HEAT | None |
| LOT | 5.68 acre(s) |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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About this property
5106 Old Hickory Blvd, Nashville, TN 37218 is a property in Nashville, TN 37218, offered at $5,000,000.
Recently sold in Nashville 37218: 4 comparable homes from $3,625,000 to $4,500,000, a median of $969/sq ft.
Price & sale history
- Last sold for $4,500,000 in January 2024. Listed at $5,000,000, about 11% above the last recorded sale.
- County assessment: $4,500,000 total appraised value (land $649,500 + improvements $3,850,500).
- Listed at $5,000,000, about 11% above the county total appraised value ($4,500,000), the mass-appraisal basis rather than a market appraisal.
Last sale & county assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
How is it priced in Nashville?
| Active listings | 218 |
|---|---|
| Median list price | $489,900 |
| Median $/sqft (list) | $276 |
| Homes closed (12-mo) | 25 |
| Median closed price | $459,990 |
| Average closed price | $460,559 |
As of 07-04-2026 (218 active listings). Source: RealTracs via IDX. Analysis by Grant Hammond.
Financing this property
Five-plus-unit and commercial properties are financed with a commercial loan, not a conforming 30-year mortgage: DSCR-underwritten, typically 20-30% down on a 20-25-year amortization (often a 5/7/10-year term), and qualified on net operating income (NOI), not personal income. Ask Grant Hammond about financing and to request the rent roll and operating statement.
Frequently asked questions
How is 5106 Old Hickory Blvd financed?
Five-plus-unit and commercial properties use a commercial loan -- commonly DSCR-underwritten on the property's net operating income, typically with 20-30% down on a 20-25-year amortization -- not a conforming 30-year mortgage. Contact Grant Hammond, Compass RE, about financing.
What is the cap rate or rent roll for 5106 Old Hickory Blvd?
Cap rate, net operating income, and gross rent multiplier depend on the current rents and operating expenses, which are not included in the public listing data. Contact Grant Hammond, Compass RE, for the rent roll and operating statement.
How much does 5106 Old Hickory Blvd cost?
5106 Old Hickory Blvd is listed at $5,000,000 (as of 01-06-2024).
How big is the lot for 5106 Old Hickory Blvd?
5106 Old Hickory Blvd sits on a 2.5-acre lot (per the listing).
When was 5106 Old Hickory Blvd built?
5106 Old Hickory Blvd was built in 2004.
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Market and guidance
Market guidance by Grant Hammond, Compass RE, with 25+ years and $1B+ in Middle Tennessee sales.