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231 Theta Pike 45 Acres of Residential Land Offered at £5,046,705 in Columbia, TN 38401

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INVESTMENT HIGHLIGHTS

  • 45 +/- acres for commercial development on prime corner!
  • 2 separate properties being sold together
  • Long awaited opportunity!

EXECUTIVE SUMMARY

Long awaited opportunity finally available! 45 +/- acres for commercial development on prime corner at Theta Pike & US Hwy 43. These are 2 separate properties being sold as one. Currently zoned Agriculture & Residential but can be rezoned to CD-4C per Planning/Zoning Dept. Opportunities abound with CD-4C zoning: Church, retail, residential, box store, civic building/space, school, indoor recreation, business office, and more. Approximately 2000'+/- bordering US Hwy 43, 1300'+/- bordering the Duck River, 584'+/- bordering Theta Pike. This is for the sale of tax id #’s: 090 004.00 (231 Theta) & 090 003.00 (0 Theta) with total of approx. 45+/- acres. Electric & Water available. Sewer across both properties, see Sewer Map in pictures for additional info.

PROPERTY FACTS

Price £5,046,705
Sale Type Investment or Owner Occupier
No. Plots 1
Property Type Land
Property Subtype Residential
Proposed Use
Retail
  • Office
  • Community Centre
  • Child Care Centres / Nursery
  • Community Hall
  • Open Space
  • Public Library
  • Place Of Worship
  • Retail Warehouse
  • Schools
  • Single Family Development
Total Plot Size 45.00 ac

1 PLOT AVAILABLE

Plot

Price £5,046,705
Price Per ac £112,149.00
Total Plot Size 45.00 ac

45 +/- acres for commercial development on prime corner at Theta Pike & US Hwy 43. 2 separate properties being sold as one (see maps in pcs). Currently zoned Agriculture & Residential but can be rezoned to CD-4C per Planning/Zoning Dept.

DESCRIPTION

Information is deemed reliable but not guaranteed, and should be independently reviewed and verified for accuracy by Buyer. See offer instructions in media. Law Office of K. Brian Hay to hold earnest money. NOTE: This is for the sale of tax id #’s: 090 004.00 (231 Theta) & 090 003.00 (0 Theta) with total of approx. 45+/- acres. These are 2 separate properties being sold together. There is an older brick home on smaller parcel that has potential for rehab if buyer prefers. There is a septic system in place for house. TDEC sent file with a note they did not know if it was for this property so disclosure states no file found. If the buyer would like to see the TDEC file we would be happy to provide it. Also, an engineer has looked at the flood plain portion on the larger parcel and he believes there are possibilities to remove a large portion of the flood plain. We’ll be glad to share his contact info with you if you’d like.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
090-003.00
Land Assessment
£10,430
Improvements Assessment
£972
Total Assessment
£11,402
  • Listing ID: 36614964

  • Date on Market: 04/07/2025

  • Last Updated:

  • Address: 231 Theta Pike, Columbia, TN 38401

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