For Sale
$3,700,000

194 Theta PikeColumbia, TN 38401

12.73 Acres, 200 Unit Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 12.73-acre parcel, located at 194 Theta Pike in Columbia, Tennessee, presents a remarkable multifamily development opportunity. Priced at $3,700,000, this commercially zoned land boasts significant advantages for investors. Its prime location offers 400 feet of frontage on Theta Pike, providing excellent visibility and accessibility. The property is conveniently situated just 1,000 feet from a lighted intersection, ensuring high traffic flow. All utilities are readily available, simplifying the development process. Furthermore, its proximity to major employers adds significant value. The site is only six miles from the General Motors plant and the new $2.4 billion battery plant, providing a strong potential tenant base. For added convenience, the property is within walking distance of essential amenities such as Kroger, CVS, and various restaurants, enhancing its appeal to future residents. This is a rare chance to acquire a large, well-located parcel with substantial development potential in a rapidly growing area. The zoning allows for approximately 200 residential units, making this an ideal investment for large-scale multifamily development. Don't miss this opportunity to capitalize on the thriving Columbia, Tennessee market. The property is located in Maury County, Tennessee, zip code 38401.

Highlights

  • ± 12.73 acres of commercially zoned land.
  • $3,700,000 asking price.
  • 1,000 feet from a lighted intersection.
  • All utilities available on-site.
  • Six miles from GM plant and new $2.4B battery plant.
  • 400 feet of frontage on Theta Pike.

Property Details for 194 Theta Pike

Property type
Land
Lot Size (sq. ft)
554,519 SF

Location Insight

City
Columbia
County
Maury
State
Tennessee
Latitude
35.6330243
Longitude
-87.0274318
194 Theta Pike, Columbia, Tennessee

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194 Theta Pike
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