Individually Owned Property summary
AI-generated overview
This industrial/warehouse facility provides 10,250 square feet of space with an attached 2,880 square feet of office area. The building includes one dock-high door measuring 10 by 12 feet and one drive-in door, and it is served by 3-phase power. Utilities and services include natural gas, electricity, and city sewer. The property is positioned directly behind Maury Regional Medical Center and located just off North James Campbell Parkway (US-412 Bypass) in Columbia, providing convenient access to major roadway connections. The space is configured to support industrial and flex uses requiring both warehouse area and office accommodations.
Property profile
Verified
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
40,750 SF
Lot
6.5 ac (283,140 SF)
Zoning code
IR
APN
060100G A 03100
UPID
US80-2512946
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store Hardware & Home Improvement
-
Auto Repair Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.30M
CAP Approach
CAP
$4.94M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.30M
Owner & transaction history
since 2024
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
IR · Columbia, TN
Top alternative use upside
Medical building
$6.2M
+228.0%
Retail stores
$4.7M
+148.3%
Auto repair, garage
$4.5M
+138.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.30M
Value range
$3.87M – $4.73M
±10% around blend
Estimated value / SF
$106 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$3.87M
blend $4.30M
$4.73M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
40,750 SF
Lot area
6.5 ac
Year built
1951
Stories
1
APN
060100G A 03100
Zoning
IR
Assessed value
$687,360
Annual tax
$18,800
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.94M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$5.36M
@ 6.5% CAP return
$4.94M
@ 7% CAP return
$4.59M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.30M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 20 sales
$46
+129%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $106/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+228%
vs current-use indication
Retail Stores
Auto Repair, Garage
Commercial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
7.50%
Implied, in-place cap rate for this other warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.50%
9.0%
NOI (est.)
$301k *
Last sale · Apr 2024
$4.30M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.01M
Move the market yield to see immediate price impact.
Value / SF
$98
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.00%7.50%8.00%
$271k
$3.87M
$3.61M
$3.39M
$301k
$4.30M
$4.01M
$3.76M
$331k
$4.73M
$4.41M
$4.14M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,800
Tax year 2023
Assessed value
$687,360
Assessed 2023
Previous assessed
$687,360
+0.0% YoY
Effective rate
2.74%
On assessed value
Assessed land
$390,000
Assessed improvement
$297,360
Land market value
$975,000
Improvement market value
$743,400
Total market value
$1,718,400
Applied tax rate
60.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Units
1
Bathrooms
4
Total area
40,750 SF
Lot
6.5 ac (283,140 SF)
Zoning code
IR
APN
060100G A 03100
UPID
US80-2512946
Jurisdiction
MAURY
Zoning & alternative use
IR · Columbia, TNZoning IR · permitted uses
IR · Columbia, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Units
1
Bathrooms
4
Lot
6.5 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
IR
Jurisdiction
Columbia, TN
Recorded code
IR
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IR in Columbia, TN.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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