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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Retail space
1113 Main St Columbia, TN 38401-3733
Individually Owned
Free & Clear
Property ID
US80-0497193
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Total area
4,000 SF
Lot
0.19 ac (8,280 SF)
APN
060099H K 02000
UPID
US80-0497193
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
-
Medi Home Care Home Health Care Service
-
Melody's One Stop Book Shoppe (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$658k
Blend (final)
Blend
$600k
Owner & transaction history
Edward Kowalik
Edward Kowalik
since 2026
Last sale
$620,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$605,000
+32.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$460,000
Current use
MEDICAL BUILDING
$605,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$440,000
Change: -4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$400,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $620k (Jan 5 2026)
Last sale anchor
$620k
Jan 5 2026
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$150 / SF
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
Tax billed
$3,580
Tax year 2023
Assessed value
$187,440
Assessed 2023
Previous assessed
$187,440
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$45,360
Assessed improvement
$142,080
Land market value
$113,400
Improvement market value
$355,200
Total market value
$468,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2002
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
4,000 SF
Lot
0.19 ac (8,280 SF)
APN
060099H K 02000
UPID
US80-0497193
Jurisdiction
MAURY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$460,000
MEDICAL BUILDING
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$440,000
COMMERCIAL (GENERAL)
Est. value
$400,000
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Edward Kowalik
Individual
Free & Clear · 0 yrs held
Mailing address
1113 S MAIN ST, COLUMBIA, TN 38401-3733
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2026
$620,000
Edward Kowalik
Gary Lee Wellisley
Warranty Deed
—
Aug 5, 2024
—
Gary Lee Wellisley
Gary Wellisley
Intrafamily Transfer
related
—
Jan 24, 2020
—
Gary Wellisley
—
Deed
related
$111,120 · Reliant Bk
Nov 17, 2009
$225,000
Wellisley,gary & Melody
Burchell Properties LLC
Warranty Deed
$180,000 · Community First Bk
May 15, 2009
—
Burchell Properties LLC
—
Deed Of Trust
related
$2,622,900 · Community First Bank
Jul 21, 2003
—
Burchell Properties
Burchell,aubrey
Quit Claim Deed
related
—
Oct 1, 1996
$5,000
Aubrey Todd Burchell
—
Grant Deed
related
—
—
—
Gary Wellisley
—
Loan Modification
related
$111,120 · Reliant Bk
—
—
Burchell Properties LLC
—
Deed Of Trust
related
$2,622,900 · 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.
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