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Property profile & analytics
OFF-MARKET Estimated value $1,025,000
Assisted living facilities

431 Ocala Dr Nashville, TN 37211-6300

120,290 SF 2.55 ac lot Built 1980
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US80-0250248
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1980
Total area 120,290 SF
Lot 2.55 ac (111,078 SF)
Zoning code RM15
APN 161-00-0-193-00
UPID US80-0250248
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
  • Dandridge Tower Apartment Complex
  • Dandridge Tower Hair Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.03M
Owner & transaction history
Dandridge 2018 LP · 8 yrs held
Dandridge 2018 LP
since 2018
3 recorded transactions
2018
$12.9M
2002
$4.9M
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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