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    Columbia Inn Redevelopment Opportunity
    Updated: Mar 7, 2025
    Columbia Inn Redevelopment Opportunity

    1208 Nashville Hwy, Columbia, TN 38401

    $7,000,000
    63,000 sqft 10.00 AC lot
    10 acre redevelopment site
    Currently operating as the Columbia Inn
    Year Built: 1960
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    1208 Nashville Hwy, Columbia, TN 38401

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    • Est. Cap Rate

      5.8%
      NOI ÷ price

    • Est. NOI

      $404K
      Annual

    • Mortgage

      $600K
      Oct 2014

    • Last Sold

      Oct 2014
      $700K

    • Property Type

      Commercial Office (General)
      Built 1960
    View Property Analytics
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Columbia, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Motel and Retail Property
    Motel and Retail Property

    1115 S Willow Ave, Cookeville, TN 38501

    $2,690,000
    38,152 sqft 2.66 AC lot

    2.66-acre hospitality site with 80 motel units and a retail storefront at a major I-40 interchange.

    View details
    Prime Commercial Site on Willow
    Prime Commercial Site on Willow

    1115 S Willow Ave, Cookeville, TN 38501

    $2,690,000
    38,152 sqft 2.66 AC lot

    2.66-acre commercial site with high visibility and development potential.

    View details
    Mixed-Use Property Near Paris Landing
    Mixed-Use Property Near Paris Landing

    15555 Highway 79 N, Buchanan, TN 38222

    $1,500,000
    12,038 sqft 2.00 AC lot

    Motel, gas station, restaurant near Kentucky Lake.

    View details
    Versatile Buchanan Commercial Property For Sale
    Versatile Buchanan Commercial Property For Sale

    15575 HWY 79N, Buchanan, TN 38222

    $1,250,000
    12,000 sqft 2.00 AC lot

    Commercial property with multiple revenue streams near Kentucky Lake.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Dalton, GA Land For Sale
    Dalton, GA Land For Sale

    Waterfront Way, Dalton, GA 30721

    $1,650,000
    12.03 AC lot

    12.03 acre commercial land parcel in Dalton, Georgia.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    3711 Olivet Church Road, Paducah, KY 42001

    $799,000

    6.81 acres with 155 feet of road frontage plus on-site buildings, offering flexibility for multiple development concepts.

    View details
    Commercial Zoned Development Land
    Commercial Zoned Development Land

    HIGHWAY 9 lot: 0, Heflin, AL 36264

    $2,655,000
    177.00 AC lot

    Large commercial-zoned tract with substantial I-20 E frontage and multiple roadway access points for future development.

    View details
    Commercial Land Near Interstate Exit
    Commercial Land Near Interstate Exit

    2690 N 1223 Highway, Corbin, KY 40701

    $650,000
    12.84 AC lot

    12.84 acres of commercial land near I-75.

    View details

    Off-Market Properties in Columbia, TN

    Consider similar Off-Market properties in Columbia, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1208 Nashville Hwy
    MOTEL

    1208 Nashville Hwy, Columbia, TN 38401-2108

    $1,880,000
    Estimated value
    33,640 sqft 4.00 AC lot
    View details
    1554 Bear Crk Pike
    MOTEL

    1554 Bear Crk Pike, Columbia, TN 38401-7651

    $2,045,000
    Estimated value
    34,639 sqft 2.00 AC lot
    View details
    2405 Pulaski Hwy
    MOTEL

    2405 Pulaski Hwy, Columbia, TN 38401-4501

    $1,475,000
    Estimated value
    24,168 sqft 1.64 AC lot
    View details
    1504 Nashville Hwy
    MOTEL

    1504 Nashville Hwy, Columbia, TN 38401-2068

    $1,695,000
    Estimated value
    29,300 sqft 3.33 AC lot
    View details

    Columbia, TN Motels Market Trends and Statistics

    Explore 5 motels for sale in Columbia, TN on our real estate platform. These investment opportunities span a total of 63,000 square feet of properties for sale, with an estimated market value of $7,000,000.

    Sale prices for motels in Columbia, TN start at $7,000,000, averaging $7,000,000, and reaching up to $7,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bed & breakfasts 1
    Hotels 1
    Motels 1

    Demographics Overview

    Population 67K
    Population Growth (5Y) +13.0%
    Median Household Income $69,467
    College Educated 16.0%

    High-Yield Neighborhoods for Investment

    Identify Columbia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    38401 $7M

    Taxes & Financing

    Tax Rate (average for all types) 2.56%
    Property Tax per SF $48.97 per SF
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Columbia fall within the 50,000 to 100,000 square foot range.

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