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Property profile & analytics
OFF-MARKET Estimated value $2,315,000
Retail space

236 2nd S Ave Franklin, TN 37064-2690

9,211 SF 0.67 ac lot Built 1820
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US80-1959532
Property summary
AI-generated overview

This exceptional mixed-use property, located at 236 2nd Ave S in the heart of downtown Franklin, Tennessee, presents a unique investment opportunity. Boasting 10,064 square feet of versatile space, this building is ideally situated just two blocks from the historic Franklin square, capturing the charm and character of this vibrant city. The property sits on a 0.67-acre lot and offers a multitude of potential uses, including but not limited to offices, showrooms, private clubs, co-working spaces, conference centers, or training facilities. The expansive interior features spacious rooms and adaptable layouts, allowing for creative customization to suit a wide range of business needs. Convenience is a key feature, with ample parking provided for 8-10 vehicles, ensuring easy access for clients and employees. Priced at $5,950,000, this property represents a rare chance to acquire a significant piece of Franklin's rich history and promising future. The building's prime location and substantial square footage make it an attractive prospect for investors seeking a high-impact commercial venture in a thriving downtown setting. Don't miss this opportunity to own a piece of Franklin's legacy.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1820
Total area 9,211 SF
Lot 0.67 ac (29,185 SF)
APN 094078C F 04300
UPID US80-1959532
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.36M
Comparable Approach Comparable
$1.45M
Blend (final) Blend
$2.32M
Owner & transaction history
5 Stones Church INC · 5 yrs held
5 Stones Church INC
since 2021
Last sale
$2.3M
7 recorded transactions
2023
Price N/A
2021
$2.3M
2021
Price N/A
2020
Price N/A
2008
Price N/A
2007
Price N/A
2006
$915,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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