For Sale
$5,000,000

1201 Carmack BlvdColumbia, TN 38401

Prime 2.97-acre commercial/residential site

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 2.97-acre property, located at 1201 Carmack Boulevard in Columbia, Tennessee (zip code 38401), presents a remarkable development opportunity. Zoned CD-5, this Class A land boasts 560 feet of road frontage on Carmack/US-31 and an additional 420+ feet on Cemetery Avenue, plus access via Pencil Avenue. Currently leased to a General Motors subsidiary for freight parking at $12,000 annually, expiring March 31, 2025, the site offers multiple development avenues. The property includes approximately 21,000 square feet of existing storage buildings (no assigned value). Its strategic location is approximately 250 feet from the new Maury County Justice Center (completed 2024) and five blocks from Columbia Square, placing it squarely within the city's master plan for commercial development. Renderings are available upon request for a proposed 165,000-175,000 square foot mixed-use development, potentially including retail/office space on the first floor, residential units above, and additional storage or office space on a third level. A proposed two-story, 28,000 square foot parking garage is also included in the renderings. The high demand for retail and commercial space in this booming area makes this a truly exceptional investment. The asking price is $5,000,000.

Highlights

  • Flexible development options including ground floor retail/office with upper-level residential or a mix of storage and office space.
  • Prime downtown Columbia location, ideal for commercial development aligning with the city's master plan.
  • Currently leased for $12,000 annually to a GM subsidiary for freight parking, expiring March 2025.

Property Details for 1201 Carmack Blvd

Property type
Land
Class
A
Lot Size (sq. ft)
129,373 SF

Location Insight

City
Columbia
County
Maury
State
Tennessee
Latitude
35.607283987617
Longitude
-87.03493171041
1201 Carmack Blvd, Columbia, Tennessee

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1201 Carmack Blvd
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