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Rezoning-Ready Commercial Land Parcel

231 Theta Pike, Columbia, TN 38401

For Sale
$1,200,000

Road-fronted land at Theta Pike with utilities available and the ability to pursue CD-4C rezoning.

Property SizeContact for details
Lot Size5.60 Acres
Days on Market131

Property Features for 231 Theta Pike

General Information

Standard status Active
Lot size 5.60 Acres
Zoning CD-4C

Site & Location

Road Access Yes
Utilities to Site Yes

Building Details

Year Built 1968
Listing Agency: Nashville Realty Group
Listed By: Debbie Matthews · License TN #341940
Source: Fiddletreerealty
Added: Jul 3 Changed: Nov 2 Last Checked: Nov 8 at 8:34AM

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 Nashville Realty Group

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Investment Insights

Based on property information with market context.

The offering is a commercial land parcel totaling 5.6 acres, currently zoned Residential. Per the Planning/Zoning Department, the property may be rezoned to CD-4C, expanding the range of development possibilities. An older brick home with a septic system is present on-site, and it may have rehab potential for a buyer who prefers to work with the existing structure. Please note that the house is not accessible for showing.

The property is located at the intersection of Theta Pike and Hwy 43, with road frontage on Theta Pike. Electric and water are available, and sewer is located across the northeast corner of the property, as shown on the sewer map included with the materials.

With the potential CD-4C zoning approval, the site may support a mix of uses such as church, retail, residential development, box store, civic uses, school, indoor recreation, business office, and other CD-4C permitted activity. This makes the parcel a practical fit for developers and investors looking for a road-visible site with utilities in place and a zoning pathway to a broader commercial mix.

Key Highlights

  • 5.6‑acre road‑fronted commercial tract on Theta Pike at the Hwy 43 intersection
  • Currently zoned Residential; can be rezoned to CD‑4C per the Planning/Zoning Department
  • CD‑4C rezoning allows uses including church, retail, residential, box store, civic space/building, school, indoor recreation, and business office

Property Analytics

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Suggested Use

Top Pick Dental Office Law Firm Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Building Supply

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

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

180
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Columbia

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Road-fronted land at Theta Pike with utilities available and the ability to pursue CD-4C rezoning.
Where is this commercial land located?
The property is located at 231 Theta Pike Columbia, TN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 5.6‑acre road‑fronted commercial tract on Theta Pike at the Hwy 43 intersection; Currently zoned Residential; can be rezoned to CD‑4C per the Planning/Zoning Department; CD‑4C rezoning allows uses including church, retail, residential, box store, civic space/building, school, indoor recreation, and business office
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