Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    109 Blythewood Dr Columbia, TN 38401
    Back to Search
    Property profile & analytics

    109 Blythewood Dr, Columbia, TN 38401

    View on Map
    • Mixed-use properties
    • 8,022 SF
    • 1.40 lot acres
    For Sale
    $2,999,000
    View Listing →
    Historic Home Bed and Breakfast For Sale
    $2,999,000
    8,022 SF

    Historic Home Bed and Breakfast

    Turn-key, fully furnished 8-bedroom bed and breakfast or private residence.

    109 Blythewood Dr, Columbia, Columbia, TN 38401
    View Listing
    Property ID
    US80-0473734
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Blythewood Inn Bed & Breakfast / Bed & Breakfast / Restaurant

    Property Details for 109 Blythewood Dr

    Year built
    1900
    Lot size
    1.40 lot acres
    Property type
    Mixed-use properties

    Description

    This exceptional 8,022 square foot mixed-use property, situated on a 1.4-acre lot at 109 Blythewood Drive in Columbia, Tennessee, presents a unique investment opportunity. Currently operating as a fully furnished, eight-bedroom bed and breakfast, this stunning historic home is turnkey and ready for immediate income generation. The meticulously restored interior boasts original ornate Tiffany moldings, a hand-painted Zuber mural dating back to the early 1900s, and original hardwood floors throughout. High ceilings and spacious rooms create an elegant atmosphere. A commercial-grade kitchen is perfectly suited for catering events or operating a restaurant. The property's versatility allows for a multitude of uses, including a private residence, restaurant, or event space, making it an ideal choice for discerning buyers seeking a high-return investment with significant potential. The property's rich history and exquisite details make it a truly one-of-a-kind offering in the heart of Columbia. The asking price is $3,600,000. This is a rare opportunity to acquire a landmark property with immense potential for future growth and profitability.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Maury County, TN
    State
    Tennessee
    Longitude
    -87.06372
    Latitude
    35.60488

    Comparable in this City

    • $2,250,000
      4,620 SF

      Columbia Mixed-Use Investment Opportunity

      4.3 Acres, Two Buildings, High Visibility
      217 Bear Creek Pike, Columbia, TN 38401
      View Details
    • $720,000
      1,722 SF

      Versatile Mixed-Use Property For Sale

      Move-in ready commercial property with vertical expansion potential.
      902 S High St, Columbia, TN 38401
      View Details
    • $3,700,000

      Commercially Zoned Land Development Opportunity

      Prime 12-acre commercial land near downtown Columbia, Tennessee.
      194 Theta Pike, Columbia, TN 38401
      View Details
    • $527,900
      2,552 SF

      Historic Columbia Mixed-Use Gem

      Versatile 4BR, 2BA home, huge potential!
      2124 Circle Dr, Columbia, TN 38401
      View Details
    • Contact for pricing
      38,580 SF

      Commercial Property on Harley Davidson Blvd

      Versatile commercial property with high visibility and strategic location.
      1616 Harley Davidson Blvd, Columbia, TN 38401
      View Details
    • $5,000,000
      129,300 SF

      Prime Development Property in Columbia

      2.97 acres of prime development property in Columbia, TN.
      1201 Carmack Blvd, Columbia, TN 38401
      View Details

    Similar Nearby for Sale

    • $2,250,000
      4,620 SF

      Columbia Mixed-Use Investment Opportunity

      4.3 Acres, Two Buildings, High Visibility
      217 Bear Creek Pike, Columbia, TN 38401
      View Details
    • $720,000
      1,722 SF

      Versatile Mixed-Use Property For Sale

      Move-in ready commercial property with vertical expansion potential.
      902 S High St, Columbia, TN 38401
      View Details
    • $3,700,000

      Commercially Zoned Land Development Opportunity

      Prime 12-acre commercial land near downtown Columbia, Tennessee.
      194 Theta Pike, Columbia, TN 38401
      View Details
    • $527,900
      2,552 SF

      Historic Columbia Mixed-Use Gem

      Versatile 4BR, 2BA home, huge potential!
      2124 Circle Dr, Columbia, TN 38401
      View Details
    • Contact for pricing
      38,580 SF

      Commercial Property on Harley Davidson Blvd

      Versatile commercial property with high visibility and strategic location.
      1616 Harley Davidson Blvd, Columbia, TN 38401
      View Details
    • $5,000,000
      129,300 SF

      Prime Development Property in Columbia

      2.97 acres of prime development property in Columbia, TN.
      1201 Carmack Blvd, Columbia, TN 38401
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      339,660 SF

      Prime Columbia Industrial Space

      Class A Flex/Warehouse, 175,041 SF Available
      981 Industrial Park Rd, Columbia, TN 38401
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Single tenant office space available, approximately 3,840 square feet.
      1510-1/2 Hatcher Ln, Columbia, TN 38401
      View Details
    • Contact for pricing

      Premier Retail Opportunity in Columbia

      New retail space in a high-traffic, growing downtown area.
      714 Woodland St, Columbia, TN 38401
      View Details
    • Contact for pricing
      1,400 SF

      Fenced Acreage Near Key Routes

      10.66 acres for rent near major transportation routes.
      1742 Monsanto Rd, Columbia, TN 38401
      View Details
    • Contact for pricing

      Retail Space in Columbia, TN

      Food Lion-anchored shopping center with limited competition.
      5021 Trotwood Ave, Columbia, TN 38401
      View Details
    • Contact for pricing

      Land For Rent Columbia

      Land available for rent in Columbia, Tennessee.
      2532 Nashville Hwy, Columbia, TN 38401
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    109 Blythewood Dr
    Columbia, TN 38401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    109 Blythewood Dr, Columbia, TN, 38401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!