Bear Creek Pike Columbia, TN 38401
This exceptional 12.32-acre parcel presents a prime mixed-use development opportunity in Columbia, Tennessee. Strategically located on Bear Creek Pike (Highway 99), just east of Cheairs Circle and approximately one mile east of the intersection of Nashville Highway (Highway 31) and Bear Creek Pike, this property boasts significant visibility and accessibility. A recent boundary survey confirms the acreage, revealing a largely cleared site with approximately 785 feet of road frontage along Bear Creek Pike. The high traffic volume is noteworthy, with an Average Annual Daily Traffic Count of 16,900 vehicles in 2023, according to the Tennessee Department of Transportation (TDOT). The property is comprised of two parcels: Map 90, Parcel 11 (approximately 11.88 acres) and Map 75M, Group C, Parcel 10. The site benefits from convenient access to public water and sewer services. Zoned CD-4C and CD-3L by the City of Columbia, this location is poised for immediate development, particularly given the ongoing commercial and residential growth in the immediate vicinity. This is an unparalleled chance to capitalize on the burgeoning Columbia market. The asking price is $1,900,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.