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    1647 Old Highway 99 Columbia, TN 38401

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    For Sale
    $12,400,000

    47.60 acres entitled for 331 build-to-rent units.

    Lot size:
    47.60 Acres

    Property Features for 1647 Old Highway 99

    General Information

    Lot size
    47.60 Acres
    Source: Moodyscre

    Listing Agent: Jeff Thomas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Columbia, TN Acreage for Development

    This property features 47.60 acres in Columbia, Tennessee. The site is entitled for the construction of 331 stand-alone and townhome build-to-rent units. Convenient access to Interstate 65 is available via Exit #46.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Department Store Hotel & Motel Kitchen & Bath Bar & Pub Furniture Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Maury
    State
    Tennessee
    Longitude
    -86.89798
    Latitude
    35.646695

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    FAQs

    What type of property is this?
    Land - 47.60 acres entitled for 331 build-to-rent units.
    Where is this land located?
    The property is located at 1647 Old Highway 99 Columbia, TN.
    What is the asking price?
    The asking price for this property is $12,400,000.
    What are key features of this property?
    This property features: - 47.60 Acres in Columbia, TN; - Entitled for 331 Build to Rent Units; - Stand-alone & Townhome Units Available
    (615) 417-3337
    Request Owner's contact information
    1647 Old Highway 99 Columbia, TN 38401
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    Columbia, TN 38401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1647 Old Highway 99 Columbia, TN 38401
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