Active · MLS#: RTC3122497
$499,500
165 Belle Forest Cir
Nashville, TN 37221
About this home
This 1,848 SF commercial condominium located within Bellevue Office Park presents a compelling investment or owner-user opportunity. Unit A is available for lease or owner-occupancy, while Unit B is currently leased to a stable dental office, providing immediate in-place income with future upside. Priced at $549,000, Unit A offers projected lease rates of $25.00/SF/YR NNN, creating instant NOI growth upon stabilization and resulting in a 6.85% stabilized cap rate. The property benefits from low-maintenance ownership, with HOA coverage including water, trash, and exterior maintenance. Capital improvements include a new roof replaced by the HOA in 2025 and a new HVAC system installed by the owner in 2025. This asset is ideal for owner-users seeking supplemental income or investors targeting a stable, well-maintained commercial condominium with strong fundamentals.
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Property facts
- Bedrooms
- —
- Bathrooms
- —
- Square feet
- —
- Lot acres
- 0.02
- Year built
- 1983
- Garage spaces
- —
- Property type
- Office
- County
- Davidson County, TN
Location
Homes nearby
Listed by Compass RE · MLS#: RTC3122497 · Status: Active
Listings courtesy of RealTracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 7/13/2026, 11:02:00 AM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID.
