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    Property profile & analytics

    1249 Hampshire Pike Columbia, TN 38401-4634

    • Residential income homes
    • 8,304 SF
    • 6.25 lot acres
    OFF-MARKET
    Value Estimation
    $5,700,000
    Last Sale
    May 24, 2024
    $5,625,000
    Location Intelligence
    Property ID
    US80-3548649
    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.

    Current Use by Public Records

    • Oak View Apartments / Apartment Building

    Property Details for 1249 Hampshire Pike

    Year built
    1971
    Lot size
    6.25 lot acres
    Property size
    8,304 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    060100A C 02402
    APU
    060100AC02402

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,625,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,030,000
      6.5%
      $5,100,000
      7%
      $5,865,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,670,000
      Geo Method
      $6,170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,240,000
      Retail
      $5,450,000
      Mixed-Use
      $5,630,000
      Hospitality
      $6,380,000
      Educational
      $5,560,000
      Residential Income
      $4,630,000
      Energy
      $5,630,000
      Income-Based Land
      $5,540,000
      Food Service
      $6,195,000

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Maury
    State
    Tennessee
    Longitude
    -87.0745
    Latitude
    35.6167
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,552
    $97,520
    $402,560
    $500,080
    -
    $243,800
    $1,006,400
    $1,250,200

    Comparable in this City

    • Value Estimation by Request
      3,665 SF

      Rosewood Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,665 SF
      Rosewood Dr, Columbia, TN 38401
      View Details
    • Value Estimation
      $10,170,000
      7,740 SF

      Brannon Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 7,740 SF
      Brannon Ct, Columbia, TN 38401
      View Details
    • Value Estimation
      $4,960,000
      11,866 SF

      1216 Hampshire Pike

      APARTMENT HOUSE (UNDER 5 UNITS) • 11,866 SF
      1216 Hampshire Pike, Columbia, TN 38401-4661
      View Details
    • Value Estimation
      $1,785,000
      2,588 SF

      1106-1108 Shrs Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,588 SF
      1106-1108 Shrs Dr, Columbia, TN 38401
      View Details
    • Value Estimation
      $390,000
      11,125 SF

      804 Walker St, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 11,125 SF
      804 Walker St, Columbia, TN 38401-3175
      View Details
    • Value Estimation
      $3,900,000
      11,960 SF

      800 Academy Ln

      APARTMENT HOUSE (UNDER 5 UNITS) • 11,960 SF
      800 Academy Ln, Columbia, TN 38401-6428
      View Details

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    Similar Nearby for Lease

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      Food Lion-anchored retail space; high visibility.
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    • $1,400 /Mo
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      Fenced Acreage Near Key Routes

      10.66 acres for rent near major transportation routes.
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    • $7 SF/Yr
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      Industrial Space with Flexible Layout

      Scalable industrial facility with efficient loading and strategic location.
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      View Details
    • Contact for pricing

      Land For Rent Columbia

      Land available for rent in Columbia, Tennessee.
      2532 Nashville Hwy, Columbia, TN 38401
      View Details
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    Columbia, TN 38401-4634
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    Realmo Value Estimation

    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.

    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.

    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
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