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Property profile & analytics
FOR LEASE
Medical Office Space
339 White Bridge Pike Nashville, TN 37209
Individually Owned
1-yr Hold
Free & Clear
Property ID
US80-3554027
For Lease
1 / 25
$2,140,000
339 White Bridge Pike, Nashville, TN 37209
View Listing →
Property summary
AI-generated overview
This exceptional Class A medical/traditional office building, totaling 3,902 square feet, is situated on a 0.62-acre lot at a high-traffic location with excellent visibility. Built in 1984 and extensively renovated in 2021, the single-story building offers a modern and efficient layout ideal for medical practices. The property features ample natural light, new flooring and cabinetry, and an open floor plan easily adaptable to various medical office configurations, including examination rooms, waiting areas, and administrative spaces. With 27 parking spaces, client and staff convenience is ensured. The property's strategic location provides convenient access to major thoroughfares such as White Bridge Pike, Charlotte Pike, and I-40, maximizing exposure to a large potential patient base. The CS zoning allows for a variety of uses. The property is ready for immediate occupancy. APN: 091-14-0-167.00. This presents a rare opportunity to establish or expand a medical practice in a thriving Nashville corridor.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Total area
3,902 SF
Lot
0.62 ac (27,007 SF)
Zoning code
MULTI-ZONE
APN
091-14-0-167-00
UPID
US80-3554027
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
-
U.S. Healthworks Medical Clinic
-
Jayaraman Adhi MD Physician
-
Marchelle Coleman Physician
-
Zenarosa Salcedo Pediatrician Medical Clinic
-
Tennessee Urgent Care Associates Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.85M
Blend (final)
Blend
$2.14M
Owner & transaction history
Rebecca D Schmidt Irrevocable Inves · 1 yrs held
Rebecca D Schmidt Irrevocable Inves
since 2025
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Ordinance
Top alternative use upside
Auto repair, garage
$2.4M
+73.7%
Retail stores
$1.8M
+32.5%
Office building
$1.6M
+15.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Nashville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nashville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,350,000
ML approach
$2,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,360,000
Current use
AUTO REPAIR, GARAGE
$2,365,000
Change: +74% · Conversion: Difficult
RETAIL STORES
$1,805,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$1,575,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$2.14M
Range $1.93M – $2.35M · ±10% · vs last sale $2.00M (Jan 17 2025)
Last sale anchor
$2.00M
Jan 17 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$548 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,681
Tax year 2023
Assessed value
$758,480
Assessed 2023
Previous assessed
$758,480
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$432,120
Assessed improvement
$326,360
Land market value
$1,080,300
Improvement market value
$815,900
Total market value
$1,896,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1984
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,902 SF
Lot
0.62 ac (27,007 SF)
Zoning code
MULTI-ZONE
APN
091-14-0-167-00
UPID
US80-3554027
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Nashville, TNZoning MULTI-ZONE · permitted uses
MULTI-ZONE · Nashville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Rebecca D Schmidt Irrevocable Inves
Individual
Free & Clear · 1 yrs held
Mailing address
419 MEMORIAL BLVD, MURFREESBORO, TN 37129-2759
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2025
—
Rebecca D Schmidt Irrevocable Inves
Rebecca D Schmidt
Deed
related
—
Dec 6, 2024
—
Rebecca D Schmidt
Cathy Werthan
Quitclaim Deed
related
—
Dec 5, 2024
—
Cathy Werthan
Eyecare Real Estate LLC
Quitclaim Deed
related
—
Feb 27, 2020
$2,000,000
Eyecare Real Estate LLC
P&m Investment Company LLC
Warranty Deed
$2,177,000 · Franklin Synergy Bank
Oct 30, 2017
$1,325,635
P M Investment Company LLC
B And G Holdings Gp
Warranty Deed
$862,248 · Pinnacle Bank
May 28, 2004
$675,000
B Holdings
Adventist Health System/sunbel
Grant Deed
related
$540,000 · National Bank Commerce Tr & Sa
Apr 30, 1991
$2,006,323
Adventist,health System/sunbelt
Unknown
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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