Two-Building Auto
6522 Polk Lane Columbia, TN 38401
For Sale
$699,900
Two-building auto shop on two flat acres, zoned Highway Commercial, with paint/body and mechanical repair spaces plus bathrooms.
Property Size4,486 SF
Lot Size2.00 Acres
Price / SF$156.02
Days on Market161
Property Features for 6522 Polk Lane
General Information
Standard status
Active
Size
4,486 SF
Lot size
2.00 Acres
Property subtype
Commercial
Building Details
Year Built
1981
Listing Agency:
(916) 462-0313
Listed By:
Anthony Fletcher
(916) 462-0313
Source:
Benchmarkrealtytn
Added: Feb 19
Changed: Jul 29
Last Checked: Jul 29 at 7:50PM
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 Anthony Fletcher
Investment Insights
Based on property information with market context.
This two-building auto shop is well suited for an owner-operator who wants flexibility on one site. One building is dedicated to paint and body work, and the other supports mechanical repairs. Both buildings include bathrooms, and the property is equipped with two vehicle lifts and an in-ground frame machine, all included with the sale.
The site is zoned Highway Commercial and is located just off N Main Street, with ample on-site parking and room for expansion. Built in 1981, the property totals 4,486 SF across the two structures on two flat acres.
With the ability to use one space while operating the other, this setup can support multiple workflows under one roof while keeping the operation organized by function.
The site is zoned Highway Commercial and is located just off N Main Street, with ample on-site parking and room for expansion. Built in 1981, the property totals 4,486 SF across the two structures on two flat acres.
With the ability to use one space while operating the other, this setup can support multiple workflows under one roof while keeping the operation organized by function.
Key Highlights
- Zoned Highway Commercial, just off N Main Street
- Two flat acres with ample on‑site parking and room for expansion
- Two separate buildings: paint and body work plus mechanical repairs
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.6k | $9.72 |
| − Vacancy | −$2.0k | −$0.45 |
| EGI | $41.6k | $9.27 |
| − OpEx | −$12.5k | −$2.78 |
| NOI | $29.1k | $6.49 |
4,486 SF · lease $9.72/SF/yr · vacancy 4.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$991.2K
$867.3K – $1.16M
NOI $69,384 @ 7.0% cap · market cap 9.91%
Second Best
Industrial
$416.0K
$364.0K – $485.3K
NOI $29,119 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$1.32M
$1.15M – $1.53M
NOI $92,053 @ 7.0% cap · market cap 13.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Sic Custom Cars of Columbia — 1689 n main st lot 47, columbia, tn 38401
Frequently Asked Questions
What type of property is this?
Auto shop - Two-building auto shop on two flat acres, zoned Highway Commercial, with paint/body and mechanical repair spaces plus bathrooms.
Where is this auto shop located?
The property is located at 6522 Polk Lane Columbia, TN.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Zoned Highway Commercial, just off N Main Street; Two flat acres with ample on‑site parking and room for expansion; Two separate buildings: paint and body work plus mechanical repairs
