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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Grocery and convenience stores
701 12th Trotwood Ave Columbia, TN 38401-3081
Entity Owned
2-yr Hold
Free & Clear
Property ID
US80-0834164
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1964
Construction
FRAME
Total area
2,576 SF
Lot
0.83 ac (35,956 SF)
Zoning code
MRC
APN
060100D F 01400
UPID
US80-0834164
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
-
Fashion Fresh Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
$390k
Blend (final)
Blend
$615k
Owner & transaction history
Shri Hari 12 LLC · 2 yrs held
Shri Hari 12 LLC
since 2023
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
MRC · Columbia, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$390,000
+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
$555,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
$665,000
6.5%
$615,000
7%
$570,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$390,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $650k (Nov 13 2023)
Last sale anchor
$650k
Nov 13 2023
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
$239 / 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
$2,123
Tax year 2023
Assessed value
$111,160
Assessed 2023
Previous assessed
$111,160
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$47,080
Assessed improvement
$64,080
Land market value
$117,700
Improvement market value
$160,200
Total market value
$277,900
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1964
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
0
Total area
2,576 SF
Lot
0.83 ac (35,956 SF)
Zoning code
MRC
APN
060100D F 01400
UPID
US80-0834164
Jurisdiction
MAURY
Zoning & alternative use
MRC · Columbia, TN
Zoning MRC · permitted uses
MRC · 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
MEDICAL BUILDING
Est. value
$390,000
MEDICAL BUILDING
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
1964
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
0.83 ac
Current owner
From public records · entity-resolved
Shri Hari 12 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
701 1, COLUMBIA, TN 38401
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2023
$650,000
Shri Hari 12 LLC
Vakilpura LLC
Special Warranty Deed
—
May 1, 2015
—
Vakilpura LLC
Kuldevi INC
Quit Claim Deed
related
$428,000 · Merchants & Planters Bk
Jun 3, 2014
$539,000
Kuldevi INC
Yogi Krupa INC
Quit Claim Deed
related
$377,000 · Tgw Prop Svcs INC/columbia Ten
Nov 7, 2011
$275,000
Yogi Krupa INC
Yogeswer INC
Warranty Deed
$344,000 · Community First Bank
Jan 9, 2006
$323,000
Yogeswer INC
Patel,atulkumar B
Warranty Deed
$264,000 · Community First Bank
Jul 27, 2004
$334,001
Atulkumar B Patel
Community First Bank & Trust
Grant Deed
$267,200 · Community First Bank
Sep 28, 1993
$86,200
Matlock K Joseph
Unknown
Grant Deed
—
Sep 23, 1993
$1,000
Matlock K Joseph
Unknown,
Grant Deed
related
—
Apr 8, 1993
$87,800
Dennis R Weatherford
Unknown,
Grant Deed
—
May 14, 1990
$151,500
David Mcdougal
Unknown,
Grant Deed
—
—
—
Yogeswer INC
—
Deed Of Trust
related
$204,806 · Community First 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.
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