423 Westover Dr Columbia, TN 38401-4814
- Warehouses
- 40,750 SF
- 6.50 lot acres
Current Use by Public Records
- Big Dot Lighting / Lighting Store
- ColorKraft Auto Refinishers / Car Detailing Service / Auto Body Shop
Property Details for 423 Westover Dr
- Year built
- 1951
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 6.50 lot acres
- Property size
- 40,750 SF
- Zone code
- IR
- Property type
- Warehouses
- APN
- 060100G A 03100
- APU
- 060100GA03100
Description
This exceptional 7,500 square foot industrial warehouse space offers immediate occupancy in a prime location directly behind Maury Regional Medical Center. The property is part of a larger 37,000 square foot building, featuring a single-story design with a 16-foot ceiling height. Built in 1967 and extensively renovated in 2024, this Class C building provides efficient and updated workspace. The space includes one dock-high loading door (10x12) and ample open parking. Utilities include natural gas, electricity, and city sewer. The owner is willing to install 3-phase power for suitable lease terms, catering to a variety of industrial and manufacturing needs. The property sits on a generous 6.5 acres of land, zoned IR, offering potential for expansion or future development. This single-tenant space presents a unique opportunity for businesses seeking a well-maintained, conveniently located industrial facility with modern amenities. The available space is 7,500 square feet, with the remaining building space currently occupied. Inquire today to learn more about lease rates and secure this exceptional opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,120,000
- 6.5%
- $4,125,000
- 7%
- $4,340,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,275,000
- Geo Method
- $3,890,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,320,000
- Retail
- $3,580,000
- Mixed-Use
- $3,850,000
- Hospitality
- $3,755,000
- Educational
- $4,470,000
- Residential Income
- $4,320,000
- Energy
- $4,920,000
- Income-Based Land
- $4,205,000
- Food Service
- $4,085,000
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Maury
- State
- Tennessee
- Longitude
- -87.0671
- Latitude
- 35.6095
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
