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Property profile & analytics
OFF-MARKET Estimated value $14,015,000
Medical Office Space

397 Wallace Rd Nashville, TN 37211-4854

104,568 SF 0.72 ac lot Built 1988
Entity Owned ~ Est. High Equity
Property ID
US80-0874273
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1988
Total area 104,568 SF
Lot 0.72 ac (31,363 SF)
Zoning code OR20
APN 147-07-0-112-00-001
UPID US80-0874273
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
  • TriStar Southern Hills Advanced Wound Care and Vascular Center Medical Clinic
  • Integrity Dental Dental Office
  • Tennessee Oncology PLLC: Southern Hills Medical Clinic Hospital
  • Hickory Medical Advisors: Sands Aladraine E MD Physician
  • Family Practice Associates of Southern Hills - Nashville Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$16.87M
Comparable Approach Comparable
$8.80M
Blend (final) Blend
$14.02M
Owner & transaction history
Mob 75 Of Tennessee LLC
Mob 75 Of Tennessee LLC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
OR20 · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

OR20, Office/Residential District and OR20-A, Office/Residential District Alternative. The OR20 and OR20-A districts are designed for a mixture of compatible office and multifamily residential use at medium-high density levels of intensity. These districts are encouraged to locate in areas with good vehicular accessibility, preferably along collector or arte…

Zone name Office Residential 20 Units An Acre
General category RESIDENTIAL
Zone area 1,265.80 ac
Source Zoning Ordinance
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