About 165 Belle Forest Cir
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.
Features of 165 Belle Forest Cir
| MLS® # | 3122497 |
|---|---|
| Price | $499,500 |
| 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 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Date Listed | February 5th, 2026 |
|---|---|
| Days on Market | 218 |
| Zoning | OR20 |
| Foreclosure | No |
| Short Sale | No |
| Data Source | REALTRACS as distributed by MLS GRID |
Listing Details
| Office | Compass RE |
|---|