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Property profile & analytics
OFF-MARKET
Estimated value
$4,780,000
Warehouses
975 Riverview Ln Columbia, TN 38401-2373
Individually Owned
5-yr Hold
Free & Clear
Property ID
US80-3226447
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2019
Construction
FRAME
Total area
66,453 SF
Lot
31.21 ac (1,359,508 SF)
APN
060089 01900
UPID
US80-3226447
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
-
Speedy Payday Loans Loan Service
-
United Farm and Home Co-op Big Box & Wholesale Store Agricultural Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.22M
Blend (final)
Blend
$4.78M
Owner & transaction history
Maury Farmers Cooperative · 5 yrs held
Maury Farmers Cooperative
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.6M
+148.3%
Auto repair, garage
$7.3M
+138.0%
Commercial (general)
$6.6M
+116.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,065,000
Current use
RETAIL STORES
$7,610,000
Change: +148% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,295,000
Change: +138% · Conversion: Easy
COMMERCIAL (GENERAL)
$6,635,000
Change: +116% · Conversion: Difficult
Blend value · Realmo final
$4.78M
Range $4.30M – $5.26M · ±10%
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
$72 / 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
$45,547
Tax year 2023
Assessed value
$1,665,280
Assessed 2023
Previous assessed
$1,665,280
+0.0% YoY
Effective rate
2.74%
On assessed value
Assessed land
$312,120
Assessed improvement
$1,353,160
Land market value
$780,300
Improvement market value
$3,382,900
Total market value
$4,163,200
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Construction
FRAME
Heating
YES
Stories
1
Bathrooms
1
Total area
66,453 SF
Lot
31.21 ac (1,359,508 SF)
APN
060089 01900
UPID
US80-3226447
Jurisdiction
MAURY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.1M
RETAIL STORES
Est. value
$7.6M
AUTO REPAIR, GARAGE
Est. value
$7.3M
COMMERCIAL (GENERAL)
Est. value
$6.6M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2019
Construction
FRAME
Heating
YES
Stories
1
Bathrooms
1
Lot
31.21 ac
Current owner
From public records · entity-resolved
Maury Farmers Cooperative
Individual
Free & Clear · 5 yrs held
Mailing address
975 RIVERVIEW LN, COLUMBIA, TN 38401-2373
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2020
$24,000
Maury Farmers Cooperative
State Of Tennessee
Quit Claim Deed
related
—
Mar 18, 2019
—
Maury Farmers Cooperative
—
Trustees Deed
related
$4,262,109 · First Farmers & Merchants Bk
Nov 16, 2016
$660,000
Maury Farmers Cooperative
Penrod,michael
Warranty Deed
—
Jul 22, 2015
$7,500
Leonard Thicklin
Bluing Shirley
Quit Claim Deed
related
—
Mar 6, 2015
$80,000
Randy Mcbroom
Penrod Michael
Warranty Deed
$80,000 · Community First Bk
Nov 6, 2014
$159,100
Michael Penrod
F & M R/e Transfer Corp
Grant Deed
—
Mar 21, 2011
$282,000
F & M Real Estate Transfer Corp
Vinson,jonathan R
Trustees Deed
—
Jan 10, 2008
—
Tenpro Investment Group LLC
—
Trustees Deed
related
$57,000 · Sdi Funding LLC
Dec 6, 2007
$520,000
Tenpro Investment Group LLC
Peden,william M
Warranty Deed
—
Aug 24, 2007
$520,000
Tenpro Investment Group LLC
Peden,william M & Jerri L
Grant Deed
—
Nov 28, 2001
—
Mendez M Diaz
Peden,william M
Grant Deed
related
—
Nov 21, 2001
—
Mendez M Diaz
Peden,william M
Grant Deed
related
—
—
—
Maury Farmers Cooperative
—
Loan Modification
related
$4,262,109 · First Farmers & Merchants Bk
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.
Try Rey
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