4979b Lebanon Pike, Old Hickory, TN 37138
4979b Lebanon Pike, Old Hickory, TN 37138, Active at $317,850 ($254/sq ft). Commercial · 1,250 sqft · $254/sqft.
4979b Lebanon Pike, Old Hickory, TN 37138, Active at $317,850 ($254/sq ft). Commercial · 1,250 sqft · $254/sqft.
Active · $317,850
MLS #3173843 · listed April 6, 2026 · 200 days on market · updated October 8, 2026
Commercial property at 4979b Lebanon Pike, Old Hickory, 1,250 sqft, $317,850 ($254/sqft), by Vitality Realty.
This is a commercial property; ask Grant Hammond for the zoning, current tenancy and operating figures where they apply.
More context: Nashville market analysis and research.
Flexible commercial opportunity with strong visibility on Lebanon Pike. THIS LISTING IS FOR UNIT B: 1,250 sq ft. Position your business or investment for success in a high-traffic, well-established corridor surrounded by a mix of residential and commercial activity. Zoned CS (Commercial Services), the property allows for a broad range of commercial uses, making it well-suited for investors, owner-users, or future repositioning (buyer to verify permitted uses). This space is part of a two-unit building currently with shared connectivity, with each unit offering its own restroom and maintenance closet. Recently remodeled and move-in ready, Unit B features new carpet, fresh paint, and updated drop ceilings, providing a clean, modern interior ready for immediate occupancy or customization. Highlights include: Prime Lebanon Pike location with excellent visibility, flexible layout, strong daily traffic and accessibility, and turnkey condition with recent updates. Currently occupied by a church on a month-to-month lease, offering potential for immediate income with flexibility for future use. Unit A (MLS #3173830) is available separately, or both units may be purchased together (MLS #3173839).
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 4979b Lebanon Pike (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $317,850 | -$22,550 (-6.6%) | |
| Price change | $340,400 | -$29,600 (-8.0%) | |
| Listed | $370,000 | ||
| Quitclaim deed | $0 |
Listed April 6, 2026, this listing has been on the market 200 days as of October 23, 2026. The price has been reduced 2 times, from $370,000 to $317,850 (-14.1%), most recently on October 8, 2026.
The Davidson County Assessor's appraised value of 4979b Lebanon Pike by year: $700 in 2004 to $15,200 in 2025, a change of +2071%. Appraised value is the county's figure for taxation, not a market value or a sale price.
| Year | Land | Building | Yard items | Total | Category |
|---|---|---|---|---|---|
| 2025 | $15,200 | $0 | $0 | $15,200 | ROLL |
| 2021 | $8,500 | $0 | $0 | $8,500 | ROLL |
| 2017 | $8,500 | $0 | $0 | $8,500 | ROLL |
| 2013 | $6,800 | $0 | $0 | $6,800 | ROLL |
| 2012 | $1,000 | $0 | $0 | $1,000 | ROLL |
| 2009 | $90,600 | $227,600 | $0 | $318,200 | ROLL |
| 2008 | $68,200 | $187,900 | $0 | $256,100 | ROLL |
| 2005 | $700 | $0 | $0 | $700 | ROLL |
| 2004 | $700 | $0 | $0 | $700 | ROLL |
Source: Davidson County Assessor of Property, historical appraisal record, as recorded; totals are the county's own figures. Davidson County reappraises every four years (most recently 2025); other years reflect changes recorded between reappraisals.
Commercial property is typically financed with a commercial loan, whose down payment, rate and term are set by the lender and differ from a home mortgage, so this page carries no payment estimate. Ongoing costs include property tax on the assessed value, insurance and upkeep.
| List price | $317,850 |
|---|---|
| Property tax basis | Appraised value × 40% (TN commercial and industrial assessment ratio) × the Metro Nashville / Davidson County rate |
The evidence behind that pricing read:
4979b Lebanon Pike sits in Old Hickory, Davidson County.
Approximately 12 miles from downtown Nashville (straight-line distance).
Get the full details, recent comparable sales, and any off-market options for 4979b Lebanon Pike - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 4979b Lebanon Pike, by price and size.
Listed by Diana Brackin, Vitality Realty. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Nashville housing market, September 2026: contracts down 3%, supply at 5.41 months, rates at 7.28%. What it means for buyers and sellers.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
Brentwood does not price as one market. Over the trailing 24 months, the new-construction enclaves Rosebrooke (about $3.74M median) and Witherspoon (about $3.33M) price above the established gated golf community at Governors Club (about $2.35M), against a townwide median near $1.58M. A Nashville broker's subdivision-level read for summer 2026 with live listings.
As of the latest update (October 8, 2026), 4979b Lebanon Pike, Old Hickory is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
4979b Lebanon Pike was listed on April 6, 2026 and has been on the market 200 days as of October 23, 2026, per Realtracs.
Yes. It was first listed at $370,000. The price has been reduced 2 times, most recently to $317,850 on October 8, 2026, a total change of -14.1%.
4979b Lebanon Pike, Old Hickory is listed at $317,850, about $254 per square foot across 1,250 sqft.
4979b Lebanon Pike, Old Hickory is a commercial property with 1,250 sq ft. Ask Grant Hammond for the zoning, current tenancy and operating figures where they apply.
4979b Lebanon Pike, Old Hickory is in Old Hickory.
No association dues are reported for this listing.
Ask for a showing, the zoning, tenancy or operating figures through the form on this page, or call or text Grant Hammond, Compass RE, at (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.