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Property profile & analytics
OFF-MARKET
Estimated value
$9,895,000
Retail properties & Spaces
1412 Trotwood Ave Columbia, TN 38401-4968
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US80-1343482
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
83,822 SF
Lot
19.91 ac (867,280 SF)
Zoning code
GCS
APN
060100P B 00200
UPID
US80-1343482
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
-
Mama Sucre` Restaurant
-
TNT Fireworks Discount Store Party Supply Store
-
FedEx Drop Box Postal Service Courier Service
-
Muletown Kids Daycare Center Foster Care Service
-
Hearing Center of Columbia Hearing Aid Store Hearing Aid Repair Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.85M
Blend (final)
Blend
$9.90M
Owner & transaction history
Burchell Properties LLC · 21 yrs held
Burchell Properties LLC
since 2005
7 recorded transactions
Zoning & alternative use
GCS · Columbia, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$12.7M
+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
$9,600,000
Current use
MEDICAL BUILDING
$12,680,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,200,000
Change: -4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,365,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$9.90M
Range $8.91M – $10.88M · ±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
$118 / 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
$84,519
Tax year 2023
Assessed value
$3,090,160
Assessed 2023
Previous assessed
$3,090,160
+0.0% YoY
Effective rate
2.74%
On assessed value
Assessed land
$621,200
Assessed improvement
$2,468,960
Land market value
$1,553,000
Improvement market value
$6,172,400
Total market value
$7,725,400
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
1
Bathrooms
27
Total area
83,822 SF
Lot
19.91 ac (867,280 SF)
Zoning code
GCS
APN
060100P B 00200
UPID
US80-1343482
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
RETAIL STORES Current
Est. value
$9.6M
MEDICAL BUILDING
Est. value
$12.7M
AUTO REPAIR, GARAGE
Est. value
$9.2M
COMMERCIAL (GENERAL)
Est. value
$8.4M
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
27
Lot
19.91 ac
Current owner
From public records · entity-resolved
Burchell Properties LLC
Entity
Mailing address
PO BOX 454, COLUMBIA, TN 38402-0454
Ownership since
2005
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
Jan 16, 2026
—
Burchell Properties LLC
—
Deed
related
$9,491,567 · First Farmers & Merchants Bank
Aug 18, 2016
—
Burchell Properties LLC
—
Deed
related
$13,305,980 · Cb&s Bk
Dec 14, 2012
—
Burchell Properties LLC
—
Deed Of Trust
related
$11,760,000 · Cb&s Bk Huntsville
May 4, 2010
—
Burchell Properties LLC
—
Deed Of Trust
related
$11,372,870 · Community First Bank
Apr 1, 2005
$1,500,000
Burchell Properties LLC
Lumbia Associates
Warranty Deed
$3,000,000 · Community First Bank
—
—
Burchell Properties LLC
—
Loan Modification
related
$13,305,980 · Cb&s Bk
—
—
Shaw INC
—
Deed Of Trust
related
$900,000 · Heritage 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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