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Property profile & analytics
OFF-MARKET
Land

1009 Woodland St Columbia, TN 38401

0.29 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.29 ac (12,632 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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