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Property profile & analytics
OFF-MARKET
Estimated value
$1,615,000
Manufacturing properties
1406 Nashville Hwy Columbia, TN 38401-2051
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-0062421
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,344 SF
Lot
5.97 ac (260,053 SF)
APN
060075 05001
UPID
US80-0062421
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
-
EcoView Windows Nashville South Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.78M
CAP Approach
CAP
$1.63M
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.62M
Owner & transaction history
Marshall Coml Prop LLC · 5 yrs held
Marshall Coml Prop LLC
since 2020
Last sale
$1.6M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.6M
+281.5%
Restaurant
$1.9M
+172.7%
Medical building
$1.8M
+161.8%
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
$1,625,000
ML approach
$1,775,000
CAP Approach
CAP Return
Estimation
6%
$1,770,000
6.5%
$1,630,000
7%
$1,515,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,620,000
Change: +282% · Conversion: Difficult
RESTAURANT
$1,875,000
Change: +173% · Conversion: Difficult
MEDICAL BUILDING
$1,800,000
Change: +162% · Conversion: Difficult
RETAIL STORES
$1,405,000
Change: +104% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,345,000
Change: +96% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,280,000
Change: +86% · Conversion: Difficult
Blend value · Realmo final
$1.62M
Range $1.45M – $1.78M · ±10% · vs last sale $1.60M (Dec 3 2020)
Last sale anchor
$1.60M
Dec 3 2020
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
$99 / 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
$13,296
Tax year 2023
Assessed value
$486,120
Assessed 2023
Previous assessed
$486,120
+0.0% YoY
Effective rate
2.74%
On assessed value
Assessed land
$344,600
Assessed improvement
$141,520
Land market value
$861,500
Improvement market value
$353,800
Total market value
$1,215,300
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
16,344 SF
Lot
5.97 ac (260,053 SF)
APN
060075 05001
UPID
US80-0062421
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
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
RESTAURANT
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
5.97 ac
Current owner
From public records · entity-resolved
Marshall Coml Prop LLC
Entity
Mailing address
3983 N GLOSTER ST, TUPELO, MS 38804-0950
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2026
—
Marshall Commercial Properties
—
Deed
related
$18,154,640 · Bankplus
Dec 3, 2020
$1,600,000
Marshall Coml Prop LLC
Allen Shorette
Grant Deed
—
Apr 17, 2012
$775,000
Allen Shorette
Ideal Hardwood Floors LLC
Warranty Deed
—
—
—
Ideal Hardwood Floors LLC
—
Deed Of Trust
related
$353,967 · Amsouth Bank
—
—
Ideal Hardwood Floors LLC
—
Deed Of Trust
related
$222,951 · Regions 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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