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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Office Spaces
13 Public Sq Columbia, TN 38401-3305
Entity Owned
2-yr Hold
Free & Clear
Property ID
US80-0268007
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1900
Total area
6,840 SF
Lot
0.04 ac (1,710 SF)
Zoning code
GBD
APN
060099A K 03000
UPID
US80-0268007
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
-
Flexer Law, PLLC Law Firm
-
Penland Bryan Law Firm
-
Penland Bryan C Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$717k
Blend (final)
Blend
$580k
Owner & transaction history
Power People LP · 2 yrs held
Power People LP
since 2024
Last sale
$580,000
7 recorded transactions
Zoning & alternative use
GBD · Columbia, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$785,000
+14.7%
Auto repair, garage
$750,000
+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
$580,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$685,000
Current use
RETAIL STORES
$785,000
Change: +15% · Conversion: Easy
AUTO REPAIR, GARAGE
$750,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $580k (Jan 10 2024)
Last sale anchor
$580k
Jan 10 2024
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
$85 / 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
$5,622
Tax year 2023
Assessed value
$205,560
Assessed 2023
Previous assessed
$205,560
+0.0% YoY
Effective rate
2.73%
On assessed value
Assessed land
$31,200
Assessed improvement
$174,360
Land market value
$78,000
Improvement market value
$435,900
Total market value
$513,900
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1900
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
6,840 SF
Lot
0.04 ac (1,710 SF)
Zoning code
GBD
APN
060099A K 03000
UPID
US80-0268007
Jurisdiction
MAURY
Zoning & alternative use
GBD · Columbia, TN
Zoning GBD · permitted uses
GBD · 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
$685,000
RETAIL STORES
Est. value
$785,000
AUTO REPAIR, GARAGE
Est. value
$750,000
COMMERCIAL (GENERAL) Current
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
1900
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Power People LP
Entity
Free & Clear · 2 yrs held
Mailing address
607 SUNNYSIDE LN, COLUMBIA, TN 38401-5224
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2024
—
Power People LP
Richard Reams Powers JR
Quit Claim Deed
related
—
Sep 30, 2016
$580,000
Richard R Powers JR
Square 14 LLC
Warranty Deed
—
Aug 13, 2015
—
Square 14 LLC
Johnson,jeremy C & Maribeth A
Quit Claim Deed
related
—
Apr 14, 2014
$402,500
Johnson,jeremy C & Maribeth A
Washburn,david A
Warranty Deed
$350,175 · Tristar Bk
Jun 11, 2009
—
David A Washburn
Roberts Family Trust
Quit Claim Deed
related
—
Jun 9, 2009
$375,000
David A Washburn
Roberts,david D
Warranty Deed
$263,000 · Community First Bank
Dec 13, 2002
$310,000
David D Roberts
Webb,james D & S
Grant Deed
—
Feb 21, 2002
$116,500
James D Webb
Barnes,william C
Grant Deed
—
Jan 13, 1999
$135,000
James D Webb
Barnes,william C
Grant Deed
—
Mar 14, 1994
$214,200
William Barnes JR.
Unknown,
Grant Deed
$194,000 · Middle Tennessee Bank
Mar 11, 1994
$214,200
William C Barnes JR.
Unknown
Grant Deed
—
—
—
David D Roberts
—
Deed Of Trust
related
$50,000 · Rebecca J Roberts
—
—
David D Roberts
—
Deed Of Trust
related
$258,201 · 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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