Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1540 Bear Creek Pike Columbia, TN 38401
    Back to Search
    Property profile & analytics

    1540 Bear Creek Pike, Columbia, TN 38401

    View on Map
    • Commercial real estate
    • 26.50 lot acres
    Off-Market
    Property ID
    US80-1687164
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1540 Bear Creek Pike

    Lot size
    26.50 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 26.5-acre development site, located at 1540 Bear Creek Pike in Columbia, Tennessee (zip code 38401), presents a unique opportunity within the Nashville MSA. Zoned SD-INT, the property allows for both commercial and multifamily development, offering significant flexibility for investors. Situated in Maury County, this high barrier-to-entry submarket benefits from robust population growth and numerous ongoing economic development projects. The site boasts excellent visibility and convenient access to I-65, providing easy commutes to both downtown Columbia and Nashville. The property's strategic location and zoning make it ideal for a mixed-use development catering to the area's growing residential and commercial needs. Individual sale of multifamily and commercial portions is possible. This prime location within a thriving market offers substantial potential for long-term growth and significant returns. The property's latitude and longitude coordinates are 35.639932, -86.8997173 respectively. The asking price for the entire 26.5-acre parcel is $4,300,000. This represents a compelling investment opportunity in a rapidly expanding area with strong fundamentals and a promising future. The site's proximity to major transportation arteries and its zoning designation combine to create a highly desirable location for a variety of development projects.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Maury
    State
    Tennessee
    Longitude
    -86.8997173
    Latitude
    35.639932

    Comparable in this City

    • Contact for pricing

      Prime Land with Development Potential

      Land with high visibility and multiple development opportunities.
      300 Nicholas Long Dr, Columbia, TN 38401
      View Details
    • $375,000

      Commercial Land Near Downtown Columbia

      Prime commercial land with high-traffic visibility and development potential.
      1212 Carmack Blvd, Columbia, TN 38401
      View Details
    • $3,700,000

      Commercially Zoned Land Development Opportunity

      Prime 12-acre commercial land near downtown Columbia, Tennessee.
      194 Theta Pike, Columbia, TN 38401
      View Details
    • $3,200,000

      Historic Office Building in Columbia

      Updated 1900s office building in Columbia's Historic Downtown.
      809 South Main St, Columbia, TN 38401
      View Details
    • Contact for pricing
      Pending

      Commercially Zoned Downtown Duplex

      Commercially zoned duplex, renovated side rented, fixer-upper potential.
      1510 S Main St, Columbia, TN 38401
      View Details
    • $300,000

      Two Ready-Made Build Sites

      9.85+- acres with utilities, septic, and approved second site.
      3011 Brown Hollow Rd, Columbia, TN 38401
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Land with Development Potential

      Land with high visibility and multiple development opportunities.
      300 Nicholas Long Dr, Columbia, TN 38401
      View Details
    • $375,000

      Commercial Land Near Downtown Columbia

      Prime commercial land with high-traffic visibility and development potential.
      1212 Carmack Blvd, Columbia, TN 38401
      View Details
    • $3,700,000

      Commercially Zoned Land Development Opportunity

      Prime 12-acre commercial land near downtown Columbia, Tennessee.
      194 Theta Pike, Columbia, TN 38401
      View Details
    • $3,200,000

      Historic Office Building in Columbia

      Updated 1900s office building in Columbia's Historic Downtown.
      809 South Main St, Columbia, TN 38401
      View Details
    • Contact for pricing
      Pending

      Commercially Zoned Downtown Duplex

      Commercially zoned duplex, renovated side rented, fixer-upper potential.
      1510 S Main St, Columbia, TN 38401
      View Details
    • $300,000

      Two Ready-Made Build Sites

      9.85+- acres with utilities, septic, and approved second site.
      3011 Brown Hollow Rd, Columbia, TN 38401
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,400 SF

      Fenced Acreage Near Key Routes

      10.66 acres for rent near major transportation routes.
      1742 Monsanto Rd, Columbia, TN 38401
      View Details
    • Contact for pricing

      Land For Rent Columbia

      Land available for rent in Columbia, Tennessee.
      2532 Nashville Hwy, Columbia, TN 38401
      View Details
    • Contact for pricing

      Land Parcel For Lease

      Land available for lease in Columbia, Tennessee.
      2504 Nashville Hwy, Columbia, TN 38401
      View Details
    • Contact for pricing

      Commercial Land For Lease

      Land for lease or build-to-suit opportunity.
      Jenland Dr, Columbia, TN 38401
      View Details
    • Contact for pricing

      Land For Rent Columbia

      Land available for rent in Columbia, Tennessee.
      2494 Nashville Hwy, Columbia, TN 38401
      View Details
    • $8 SF/Yr
      339,660 SF

      Prime Columbia Industrial Space

      Class A Flex/Warehouse, 175,041 SF Available
      981 Industrial Park Rd, Columbia, TN 38401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1540 Bear Creek Pike
    Columbia, TN 38401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1540 Bear Creek Pike, Columbia, TN, 38401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!