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Property profile & analytics
OFF-MARKET
Warehouses
101 Penny Ave Columbia, TN 38401-4512
Entity Owned
13-yr Hold
Free & Clear
Property ID
US80-0044578
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Total area
7,386 SF
Lot
0.92 ac (40,000 SF)
Zoning code
IR
APN
060114A A 00400
UPID
US80-0044578
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
Current use
Occupant on record · Public records
-
Columbia Housing and Redevelopment Corporation Housing Authority
-
Preferred Alternative of Tn Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Columbia Housing & Redev Corp · 13 yrs held
Columbia Housing & Redev Corp
since 2012
7 recorded transactions
Zoning & alternative use
IR · Columbia, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Columbia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Land market value
$100,000
Improvement market value
$206,900
Total market value
$306,900
Applied tax rate
60.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
7,386 SF
Lot
0.92 ac (40,000 SF)
Zoning code
IR
APN
060114A A 00400
UPID
US80-0044578
Jurisdiction
MAURY
Zoning & alternative use
IR · Columbia, TN
Zoning IR · permitted uses
IR · Columbia, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Columbia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Columbia Housing & Redev Corp
Entity
Free & Clear · 13 yrs held
Mailing address
201 DYER ST, COLUMBIA, TN 38401-4553
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2018
—
Columbia II LP
—
Trustees Deed
related
$2,800,000 · First Tn Bk
Sep 26, 2012
$185,000
Columbia Housing & Redev Corp
Community First Bk & Trust
Grant Deed
related
—
Jun 16, 2011
$185,000
Community First Bk & Trust
Tisher & Wolaver PLLC
Trustees Deed
related
—
Mar 1, 2004
$199,261
Don Reeves
Wright,randall R E
Warranty Deed
—
—
—
Don Reeves
—
Deed Of Trust
related
$380,000 · Community First Bank
—
—
Don Reeves
—
Deed Of Trust
related
$380,000 · Community First Bank
—
—
Don Reeves
—
Deed Of Trust
related
$380,000 · Community First Bank
—
—
Don Reeves
—
Deed Of Trust
related
$380,000 · Community First Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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