Commercial Storefront
New
For Sale
$546,900
101 Santa Fe Pike, Columbia, TN 38401
The parcel is zoned Commercial.
Property Size1,350 SF
Days on Market5
Property Features for 101 Santa Fe Pike
General Information
Standard status
Active
Size
1,350 SF
Zoning
Commercial
Building Details
Building Size
1,350 SF
Year Built
1965
Listing Agency:
RE/MAX Encore
Listed By:
Andy Wilhoite · License #279783
(931) 446-6370
Source:
Evrealestate
Added: Oct 22
Changed: Oct 26
Last Checked: Oct 25 at 2:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Encore
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Investment Insights
Based on property information with market context.
This storefront property was built in 1965 and is zoned Commercial. It sits on Santa Fe Pike in Columbia, just beyond James Campbell Blvd. Zip Inn market is next door, with the Factory a short distance away.
Key Highlights
- 1965 construction
- Commercial zoning
- On Santa Fe Pike, just past James Campbell Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,880
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,600
$417.6K
Cap Rate 7%
$298,286
$298.3K
Cap Rate 9%
$232,000
$232.0K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$31.1K $23.04/SF
− Vacancy
−$1.3K −$0.94/SF
EGI
$29.8K $22.10/SF
− OpEx
−$8.9K −$6.63/SF
NOI
$20.9K $15.47/SF
Area
Maury County, TN
Vacancy
4.10%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,600
Cap Rate 7%
$298,286
Cap Rate 9%
$232,000
Alternative Uses
Best Use
Retail
$298.3K
$261.0K – $348.0K
NOI $20,880 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$395.7K
$346.3K – $461.7K
NOI $27,702 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Home Improvements & Furnishings 38%
Dining 4%
Harbor Freight Tools
Home Improvements & Furnishings
14,691 visits/mo
0.3 miles
Dollar Tree
Shops & Services
12,139 visits/mo
0.4 miles
Dollar General
Shops & Services
6,835 visits/mo
0.3 miles
Family Dollar
Shops & Services
3,359 visits/mo
0.4 miles
Enterprise Rent-A-Car
Shops & Services
2,285 visits/mo
0.3 miles
Demographics for 38401, TN
63,075
Population
28,470
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
92%
High-School Grad
296.7 sq mi
ZIP Area
213
Density / Sq Mi
$69,467
Median Household Income
$42,314
Median Earnings
$1,084
Median Rent
$295,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Kroger Floral Department — 845 Nashville Hwy, Columbia, TN 38401
Frequently Asked Questions
What type of property is this?
Storefront property - The parcel is zoned Commercial.
Where is this storefront property located?
The property is located at 101 Santa Fe Pike Columbia, TN.
What is the asking price?
The asking price for this property is $546,900.
What are key features of this property?
This property features: 1965 construction; Commercial zoning; On Santa Fe Pike, just past James Campbell Blvd
