Marketing Package
Total Page:16
File Type:pdf, Size:1020Kb
SELLING MIDDLE TENNESSEE SINCE 1980! AVAILABLE FOR SALE +3.22 ACRE COMMERCIAL SITE North Side of Bear Creek Pike Columbia, Maury County, Tennessee Contact: Tom McArthur (615) 804-2661 (M) [email protected] www.mcarthursanders.com McArthur Sanders Real Estate Disclaimer This Marketing Package has been prepared by McArthur Sanders Real Estate (the “Listing Broker”) for informational purposes only and should not be perceived to contain all information necessary to reach a purchase decision. The information contained herein has been carefully compiled from sources considered reliable and, while not guaranteed as to completeness or accuracy, is believed to be correct. No warranty representation is made as to the accuracy thereof. This Marketing Package is subject to prior placement, errors, omissions, changes, withdrawal or cancellation without notice and does not constitute a recommendation, endorsement or advice as to the value of the Property by the Broker or the Seller. Each prospective purchaser is to rely upon its own investigation, evaluation and judgment as to the advisability of purchasing the Property described herein. McArthur Sanders Real Estate will not be held responsible for errors or discrepancies and reserves the right to change, update, and amend such information at any time without notice. Any information regarding property for lease, sale, etc., and the estimates of demographics and of expenses is from sources deemed reliable. No warranty or representation is made as to the accuracy thereof. McArthur Sanders Real Estate will not be held responsible for errors or discrepancies and reserves the right to change, update and amend such information at any time without notice. 203 N. Royal Oaks Blvd., Franklin Tennessee 37067 – 615-370-4663(O) 615-370-0107(F) McArthur Sanders Real Estate TABLE OF CONTENTS I. 1BExecutive Summary Location Map Aerial Property Map Recorded Plat Zoning Map Existing Water Line Map Existing Sewer Map II. Maury County/Columbia Overview III. Recent Economic Development Articles Any information regarding property for lease, sale, etc., and the estimates of demographics and of expenses is from sources deemed reliable. No warranty or representation is made as to the accuracy thereof. McArthur Sanders Real Estate will not be held responsible for errors or discrepancies and reserves the right to change, update and amend such information at any time without notice. 203 N. Royal Oaks Blvd., Franklin Tennessee 37067 – 615-370-4663(O) 615-370-0107(F) McArthur Sanders Real Estate I. EXECUTIVE SUMMARY Any information regarding property for lease, sale, etc., and the estimates of demographics and of expenses is from sources deemed reliable. No warranty or representation is made as to the accuracy thereof. McArthur Sanders Real Estate will not be held responsible for errors or discrepancies and reserves the right to change, update and amend such information at any time without notice. 203 N. Royal Oaks Blvd., Franklin Tennessee 37067 – 615-370-4663(O) 615-370-0107(F) McArthur Sanders Real Estate EXECUTIVE SUMMARY Property Location: North Side of Bear Creek Pike, Just East of Tom J. Hitch Parkway Columbia, Maury County, Tennessee Tax Identification: Map 90, Parcels 10.01 and 10.14 (Maury County) Property Interest: Fee Simple Interest Site Description: The subject property consists of two contiguous parcels containing a combined area of +3.22 acres. Frontage parallels the north side of Bear Creek Pike some 237 feet and the combined sites extend an average depth of 450 feet. The eastern two thirds of the site gently slopes up from southwest to northeast and some preliminary grading work has been completed. The balance of the site (western one third of site) slopes down to the west into a natural drainage basin and a majority of this area is wooded. Access is available off the north side of Bear Creek Pike. Property is located just east of Tennessee Farm Bureau Campus containing +144,000 square feet and employing approximately 750 persons. TDOT 2016 AADT: +13,258 vpd – Bear Creek Pike in close proximity to subject property. Current Zoning: GCS, General Commercial Service District. List Price: $515,000.00 Contact: Tom E. McArthur, Jr. Broker (615) 804-2661 (M) (615) 370-4663 (O) [email protected] Any information regarding property for lease, sale, etc., and the estimates of demographics and of expenses is from sources deemed reliable. No warranty or representation is made as to the accuracy thereof. McArthur Sanders Real Estate will not be held responsible for errors or discrepancies and reserves the right to change, update and amend such information at any time without notice. 203 N. Royal Oaks Blvd., Franklin Tennessee 37067 – 615-370-4663(O) 615-370-0107(F) McArthur Sanders Real Estate . Location Map Any information regarding property for lease, sale, etc., and the estimates of demographics and of expenses is from sources deemed reliable. No warranty or representation is made as to the accuracy thereof. McArthur Sanders Real Estate will not be held responsible for errors or discrepancies and reserves the right to change, update and amend such information at any time without notice. 203 N. Royal Oaks Blvd., Franklin Tennessee 37067 – 615-370-4663(O) 615-370-0107(F) McArthur Sanders Real Estate Aerial Property Map Any information regarding property for lease, sale, etc., and the estimates of demographics and of expenses is from sources deemed reliable. No warranty or representation is made as to the accuracy thereof. McArthur Sanders Real Estate will not be held responsible for errors or discrepancies and reserves the right to change, update and amend such information at any time without notice. 203 N. Royal Oaks Blvd., Franklin Tennessee 37067 – 615-370-4663(O) 615-370-0107(F) SUBJECT PROPERTY TRACTS 13 & 14 +/-3.22 ACRES COMBINED Columbia TN Development Services Map 200 1100 202 413 411 204 217 400 206 402 208 415 301 210 404 212 406 214 216 401 408 1112 218 403 405 500 300 407 409 1110 400 501 402 404 406 1108 385 500 147 241 217 211 127 191 268 236 142 180 178 156 170 196 182 1112 134 162 9/30/2018, 5:41:08 PM 1:4,514 0 0.04 0.09 0.17mi Columbia_City_Limits ParcelsColumbiaTNPubLD 0 0.05 0.1 0.2km ZONING MAP © OpenStreetMap (and) contributors, CC-BY-SA, mb Columbia TN DS Map data © OpenStreetMap contributors, CC-BY-SA | MB | USDA FSA | McArthur Sanders Real Estate II. MAURY COUNTY/COLUMBIA DEMOGRAPHICS Any information regarding property for lease, sale, etc., and the estimates of demographics and of expenses is from sources deemed reliable. No warranty or representation is made as to the accuracy thereof. McArthur Sanders Real Estate will not be held responsible for errors or discrepancies and reserves the right to change, update and amend such information at any time without notice. 203 N. Royal Oaks Blvd., Franklin Tennessee 37067 – 615-370-4663(O) 615-370-0107(F) COLUMBIA MAURY COUNTY 2018 COMMUNITY DATA PROFILE ck Pickett co Sullivan Macon Clay Claiborne Han Hawkins Stewart Montgomery Robertson Sumner Fentress Scott Campbell Johnson e Trousdale Jackson Overton Carter Obion Henry Union Lak Weakley ainger ashington Houston Gr W i Smith Hamblen Greene co Morgan Anderson Uni Dickson Nashville Putnam Cheatham Jefferson Dyer Davidson Wilson Knoxville Gibson Carroll Humphreys DeKalb Knox Cocke Benton White Cumberland n Williamson Rutherford Roane Sevier Crockett Hickman anno Van Loudon Blount Lauderdale C Warren Buren Haywood Madison Henderson atur Perry Maury Rhea Sequatchie Bledsoe Tipton Dec Lewis Bedford Coffee MeigsMcMinn Monroe Chester Grundy Marshall Moore Shelby Fayette Hardeman McNairy Hardin Wayne Lawrence Giles Lincoln Franklin Marion Hamilton Bradley Polk Memphis Chattanooga QUICK FACTS TAX STRUCTURE County Seat Columbia LOCAL City County Year Incorporated 1817 Property Taxes (2017) Land Area in Square Miles (County) 613 • Rate per $100 value $1.44 $2.8150 Water Area in Square Miles (County) 2 Latitude N35° 36.90’ Ratio of Assessment Longitude W87° 02.12’ • Residential and Farm 25% 25% Elevation 650’ • Commercial/Industrial 40% 40% Market Region Nashville • Personal (Equipment) 30% 30% Distance From Nashville 45 miles Time Zone Central Bonded Debt (2017) $57,422,254 $106,115,000 City Website www.columbiatn.com Total Local Assessment (2017) $777,040,550 $1,749,259,220 County Website www.maurycounty-tn.gov Hotel-Motel Tax 5% 5% Additional Incorporated Cities Motor Vehicle Tax Rate $25.00 within the County Mt. Pleasant and Spring Hill Unincorporated Cities Culleoka, Hampshire, Santa Source: Tennessee Comptroller of the Treasury, Division of Property Assessments Fe, Williamsport Source: County Technical Assistance Service, UTIPS POPULATION City County STATE 2010 (Census) 34,684 80,956 Sales Tax 2017 Population 38,345 92,123 • 4% tax on food and food ingredients 2017 Median Age 38.3 39.6 • 7% on all other tangible personal property unless 2022 Population Projection 41,152 100,509 specifically exempted Annual Growth Rate 1.42% 1.76% Local Sales Tax Rate (2017-2022 Projected) • 2.25% Source: ESRI Local and State Sales Tax Collected (FY2017) • $118,797,199 CLIMATE Income Tax • Personal: 4 % on Interest & Dividends for the 2017 period, Annual Average Temperature 57.85° F this tax will be reduced and phased out over the next few Average High Temperature 70.1° F years. Average Low Temperature 45.7° F • Corporate Excise Tax: 6.5% of Tennessee taxable income. Annual Average Precipitation 55.43” • Franchise Tax: .25% of the greater of net worth or real and Annual Average Snowfall 2” tangible property in Tennessee. The minimum tax is $100. • New employers is typically 2.7% (based Prevailing Winds Southerly Unemployment Tax: Mean Length of Freeze-Free Period (days) 180-220 on occupation) of first $7,000. Source: Tennessee Department of Revenue Cherry Glen Industrial Park is among several industrial sites in Middle Tennessee to be certified as a Select TN Certified Site.