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Property profile & analytics
OFF-MARKET
Mixed-use properties

2124 Circle Dr Columbia, TN 38401

2,552 SF 0.56 ac lot Built 1933
Property ID
US80-0328702
Property summary
AI-generated overview

This stunningly renovated historic home at 2124 Circle Drive in Columbia, Tennessee, presents a unique opportunity for both residential and commercial use. Zoned CD-4C by the City of Columbia, this property seamlessly blends historic charm with modern functionality. The 2,552 square foot home sits on a sizable 0.56-acre lot, offering ample space for expansion or outdoor amenities. Currently operating as a successful short-term rental, the property boasts four bedrooms and two bathrooms, each updated with tasteful decor, fresh paint, and meticulous maintenance. The interior features beautiful hardwood floors, a newly renovated kitchen equipped with modern appliances, and newly installed replacement windows throughout. Three charming fireplaces add to the home's character and ambiance. A detached garage provides convenient storage and parking. The large lot presents significant potential for future development, whether it's adding a swimming pool or expanding parking to accommodate a commercial venture. The property's versatility makes it ideal for a variety of uses, including a coffee shop, office space, or other commercial endeavors. All details should be verified by the buyer. Furniture is available for negotiation.

Property profile
Verified
Property type Mixed-use properties
Year built 1933
Total area 2,552 SF
Lot 0.56 ac (24,394 SF)
UPID US80-0328702
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
  • The Magnolia Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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