1009 Woodland St Columbia, TN 38401
This exceptional 0.29-acre corner lot in Columbia, Tennessee, presents a rare opportunity to acquire a fully approved four-unit mixed-use development. Located in the urban core, this shovel-ready project boasts incredible views of the Columbia Courthouse/Square and the new Judicial Center. The property includes all necessary construction documents, approval documents, and floor plans for the four units, allowing for immediate commencement of construction. Alternatively, developers can utilize their own plans, provided they adhere to the city-approved building envelope. The site offers convenient rear parking access off Riddle Street. This development is particularly attractive given its smaller scale, a rarity in the current Columbia market, especially considering the proximity to a newly constructed luxury apartment complex less than 0.3 miles away. The CD-4C zoning permits both commercial and residential uses, offering flexibility for diverse development strategies, including individual sales or high-end rentals. The asking price for this exceptional opportunity is $369,000. Don't miss this chance to capitalize on the thriving Columbia real estate market.
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
Similar Nearby for Lease
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.