137B Dyer St Columbia, TN 38401
This exceptional 11,600-square-foot flex space at 137B Dyer Street in Columbia, Tennessee, presents a compelling investment opportunity. Completely renovated in 2023, this single-story, 1979-built industrial building is situated on a 0.77-acre lot and boasts a convenient location just two miles from downtown Columbia. The property features 17-foot ceiling heights, providing ample vertical space for various uses. Three drive-in doors ensure efficient loading and unloading, while the freshly striped parking lot offers convenient access. The flexible layout allows for easy division into two separate units (currently vacant), each with a price of $745,000, making it ideal for multiple tenants or a single user requiring divisible space. The property is zoned IR and offers multiple ingress/egress points. With a total asking price of $1,490,000, and a price per square foot of $128.45, this property represents a strong value proposition in a thriving market. Its proximity to downtown Columbia makes it highly attractive to both local and regional businesses seeking a well-maintained and strategically located industrial space. This is a rare opportunity to acquire a turnkey flex space with immediate availability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.