Keyword [
Columbia] is well known, associated with a clothing company, a university, a music recording company, a doomed NASA space shuttle and the capital of the US state of South Carolina. It's also a Colombia typo.
adwords exact global monthly search volume = 550,000
estimated average cpc = $1.20
TLD [
FM] is obscure. Most people wouldn't recognize columbia.fm as a web address if seen or heard out of context. FM is expensive to renew - $69.99 at godaddy before discount. FM suggests a radio broadcast theme - fine for that niche, clumsy for anything else.
comparable sale
columbia.biz sold for $392 thru Sedo April 2005 (
source)
Domain market prices are not a lot different today compared to 5 years ago, so $392 is a fair benchmark. BIZ is at or near the bottom of the gTLD totem pole in terms of trading volume and aftermarket prices, but it's a heavyweight compared to FM. Plug $69/yr and $392 into a risk/reward equation and alarm bells go off.
Columbia University WKCR 89.9, Columbia Records and FM radio stations in Columbia SC may be interested in but not necessarily willing to pay for columbia.fm. To answer your question, if you sell this name for a profit you are lucky. Good luck!