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$524,900 - 165 Belle Forest Cir, Nashville

-
Bedrooms
-
Baths
N/A
SQ. Feet
0.02
Acres

This 1,848 SF commercial condominium located within Bellevue Office Park presents a compelling investment or owner-user opportunity. Unit A is available for lease or owner-occupancy, while Unit B is currently leased to a stable dental office, providing immediate in-place income with future upside. Priced at $549,000, Unit A offers projected lease rates of $25.00/SF/YR NNN, creating instant NOI growth upon stabilization and resulting in a 6.85% stabilized cap rate. The property benefits from low-maintenance ownership, with HOA coverage including water, trash, and exterior maintenance. Capital improvements include a new roof replaced by the HOA in 2025 and a new HVAC system installed by the owner in 2025. This asset is ideal for owner-users seeking supplemental income or investors targeting a stable, well-maintained commercial condominium with strong fundamentals.

Essential Information

  • MLS® #:
    3122497
  • Price:
    $524,900
  • Bathrooms:
    0.00
  • Acres:
    0.02
  • Year Built:
    1983
  • Type:
    Commercial Sale
  • Sub-Type:
    Office
  • Status:
    Active

Community Information

  • Address:
    165 Belle Forest Cir
  • City:
    Nashville
  • County:
    Davidson County, TN
  • State:
    TN
  • Zip Code:
    37221

Additional Information

  • Date Listed:
    February 5th, 2026
  • Days on Market:
    142
  • Zoning:
    OR20

Listing Details

  • Listing Office:
    Compass Re

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Listing information last updated on June 28th, 2026 at 12:54pm CDT.