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194 Theta Pike - Apartment Site Possible 12.73 Acres of Commercial Land Offered at $3,700,000 in Columbia, TN 38401
Investment Highlights
- ±12 acres of commercially zoned land (CD-4)
- All utilities available to site
- Walkable to Kroger, CVS, dining, and daily amenities
- ±400 feet of frontage on Theta Pike
- Signalized intersection 1,000 ft away
- Less than 6 miles to GM / Ultium battery plant
Executive Summary
Rare development opportunity in one of Middle Tennessee’s fastest-growing markets. Conceptualized for approximately 200 multifamily units, the property is positioned less than six miles from the GM / Ultium battery plant, providing strong employment-driven demand and long-term growth potential.
Strong demographic growth: projected 2025 population ~80,000 within 10-mile radius
Flexible development options: mixed-use, multifamily, retail, or institutional
Strong demographic growth: projected 2025 population ~80,000 within 10-mile radius
Flexible development options: mixed-use, multifamily, retail, or institutional
Property Facts
| Price | $3,700,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 12.73 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | CD-4 | ||
| Price | $3,700,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 12.73 AC |
| No. Stories | 1 |
| Zoning | CD-4 |
1 Lot Available
Lot
| Price | $3,700,000 | Lot Size | 12.73 AC |
| Price Per AC | $290,652.00 |
| Price | $3,700,000 |
| Price Per AC | $290,652.00 |
| Lot Size | 12.73 AC |
±12-acre commercially zoned (CD-4) parcel located in the heart of Columbia, TN. The site offers ±400 feet of frontage along Theta Pike with excellent visibility and access. All utilities are available, and a signalized intersection is just 1,000 feet
Description
This ±12-acre site is ideal for mixed-use, multifamily, retail, or institutional development. Zoned CD-4, the property provides flexibility for a variety of concepts and is located minutes from Downtown Columbia. Strong demographics, high traffic counts, and proximity to major employers make this an exceptional development site.
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Property Taxes
| Parcel Number | 090B-B-046.00 | Improvements Assessment | $90,440 |
| Land Assessment | $80,640 | Total Assessment | $171,080 |
Property Taxes
Parcel Number
090B-B-046.00
Land Assessment
$80,640
Improvements Assessment
$90,440
Total Assessment
$171,080
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194 Theta Pike - Apartment Site Possible
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