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Property profile & analytics
FOR SALE
Office Spaces
1208 Nashville Hwy Columbia, TN 38401
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US80-1812315
For Sale
1 / 14
$7,000,000
1208 Nashville Hwy, Columbia, TN 38401
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1960
Total area
11,358 SF
Lot
2.22 ac (96,703 SF)
Zoning code
GCS
APN
060075N A 02000
UPID
US80-1812315
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
-
Extend A Suites Hotel & Motel
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Columbia Inn Extended Stay Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.59M
Comparable Approach
Comparable
$1.84M
Blend (final)
Blend
$1.63M
Owner & transaction history
Shreeji Ent LLC · 11 yrs held
Shreeji Ent LLC
since 2014
7 recorded transactions
Zoning & alternative use
GCS · Columbia, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.7M
+51.5%
Retail stores
$1.3M
+14.7%
Auto repair, garage
$1.2M
+10.0%
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%
$1,715,000
6.5%
$1,585,000
7%
$1,470,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,135,000
Current use
MEDICAL BUILDING
$1,720,000
Change: +52% · Conversion: Easy
RETAIL STORES
$1,300,000
Change: +15% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,245,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$1.63M
Range $1.46M – $1.79M · ±10%
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
$143 / 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
$14,523
Tax year 2023
Assessed value
$531,000
Assessed 2023
Previous assessed
$531,000
+0.0% YoY
Effective rate
2.74%
On assessed value
Assessed land
$277,040
Assessed improvement
$253,960
Land market value
$692,600
Improvement market value
$634,900
Total market value
$1,327,500
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1960
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Bathrooms
36
Total area
11,358 SF
Lot
2.22 ac (96,703 SF)
Zoning code
GCS
APN
060075N A 02000
UPID
US80-1812315
Jurisdiction
MAURY
Zoning & alternative use
GCS · Columbia, TN
Zoning GCS · permitted uses
GCS · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1960
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
36
Lot
2.22 ac
Current owner
From public records · entity-resolved
Shreeji Ent LLC
Entity
Mailing address
1208 NASHVILLE HWY, COLUMBIA, TN 38401-2108
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2014
$700,000
Shreeji Ent LLC
Spcp Group LLC
Grant Deed
$600,000 · Rob & Brooke Inman
Sep 30, 2014
$640,000
Spcp Group LLC
Clift R Spencer III
Trustees Deed
—
Jun 3, 2005
$1,600,000
Free Dream Hospitality Corp
Blc Real Estate LLC
Grant Deed
$1,750,000 · Business Loan Center INC
Apr 6, 2005
$10,000
Blc Real Estate LLC
Hix,marshall L
Trustees Deed
—
Oct 13, 1999
$1,120,000
Shalom Hospitality INC
Associated Bank
Grant Deed
—
—
—
Free Dream Hospitality Corp
—
Deed Of Trust
related
$50,000 · Business Loan Center INC
—
—
Shreeji Ent LLC
—
Deed Of Trust
related
$1,700,000 · Peoples Bk/bedford Cnty
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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