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Multifamily Property on Acreage
For Sale
Contact for pricing
Pending

816 Oak Ln, Columbia, TN 38401

Apartment property offering substantial land area and proximity to downtown Columbia.

Property SizeContact for details
Days on Market142

Property Features for 816 Oak Ln

General Information

Standard status Pending
Property subtype Multifamily, Mixed Use, Land
Listing Agency: MRG Realty Partners
Listed By: Jason Jenks · License #335116
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 6:23PM

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 MRG Realty Partners

Investment Insights

Based on property information with market context.

This multifamily property encompasses 19 acres and includes an apartment building asset. The substantial land component provides a larger setting than a typical apartment property, while the existing improvements establish an operating multifamily use.

The property is located at 816 Oak Ln in Columbia, Tennessee, approximately a 5-minute drive from downtown Columbia via the New Lewisburg Hwy. Nashville is approximately 45 miles from Columbia, placing the property within reach of the Nashville regional market.

Key Highlights

  • 19‑acre multifamily property in Columbia, TN
  • Approximately 5‑minute drive from downtown Columbia
  • Access via the New Lewisburg Hwy

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property offering substantial land area and proximity to downtown Columbia.
Where is this apartment building located?
The property is located at 816 Oak Ln Columbia, TN.
What are key features of this property?
This property features: 19‑acre multifamily property in Columbia, TN; Approximately 5‑minute drive from downtown Columbia; Access via the New Lewisburg Hwy
(615) 429-0696 Call to check price and availability
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