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Property profile & analytics
OFF-MARKET Estimated value $950,000
Assisted living facilities

421 Ocala Dr Nashville, TN 37211-6387

59,839 SF 3.48 ac lot Built 1983
Individually Owned 2-yr Hold Free & Clear
Property ID
US80-1374974
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1983
Total area 59,839 SF
Lot 3.48 ac (151,589 SF)
Zoning code RM15
APN 161-00-0-192-00
UPID US80-1374974
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
  • Kiffany Janese Peggs Physician
  • Alice Lowe Physician
  • Bethany Center for Rehabilitation and Healing Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$935k
CAP Approach CAP
by Request
Comparable Approach Comparable
$968k
Blend (final) Blend
$950k
Owner & transaction history
Bethany Center For Rehab & Healing · 2 yrs held
Bethany Center For Rehab & Healing
since 2023
4 recorded transactions
2023
Price N/A
2017
$30.2M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RM15 · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RM15, RM15-A, RM20 and RM20-A Districts. Designed for moderately high intensity multifamily structures, these districts are appropriate for areas designated in the general plan to have more intense residential development to meet the policy goals of encouraging transit and walkable communities, preserving open space and environmental features and providing a…

Zone name Residential Multifamily 15 Units An Acre
General category RESIDENTIAL
Zone area 1,727.93 ac
Source Zoning Ordinance
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