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Property profile & analytics
OFF-MARKET Estimated value $545,000
Medical Office Space

197 Thompson Ln Nashville, TN 37211-2415

2,762 SF 0.26 ac lot Built 1955
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US80-0731007
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1955
Total area 2,762 SF
Lot 0.26 ac (11,326 SF)
Zoning code OL
APN 119-10-0-196-00
UPID US80-0731007
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
Current use
Occupant on record · Public records
  • Williams Eric M DDS Dental Office
  • Harmonized Brain Centers Nashville Life Coach Mental Health Service
  • Superior Health & Rehab Medical Clinic
  • Thompson Lane Cosmetic and Family Dentistry Dental Office
  • Dr. Cecily Mercadel-Williams Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$445k
Comparable Approach Comparable
$753k
Blend (final) Blend
$545k
Owner & transaction history
Eighteen LLC · 1 yrs held
Eighteen LLC
since 2025
Last sale
$615,000
7 recorded transactions
2025
$615,000
2016
$430,000
2001
$165,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OL · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

OL, Office Limited District. The OL district is designed for moderate intensity office development, being appropriate for areas where concentration of office and /or mixed commercial areas are intended. If warranted, this district may be employed as a land use transition between higher density residential areas and noncompatible commercial or industrial uses…

Zone name Office Limited
General category COMMERCIAL
Zone area 426.09 ac
Source Zoning Ordinance
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