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    543 Depot St Franklin, NC 28734

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    For Sale
    $1,333,000

    Retail strip center in Franklin, NC with high traffic.

    Property size:
    15,600 SF
    Lot size:
    0.77 Acres

    Property Features for 543 Depot St

    General Information

    Size
    15,600 SF
    Lot size
    0.77 Acres

    Source: Legacy Real Estate Advisors Agent Joseph Zehia

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Franklin, NC Retail Strip Center

    This strip center is located in Franklin, North Carolina. The surrounding area has a population of over 10,700 residents within a 3-mile radius. Projections indicate a population growth of over 5.05% within the same 3-mile radius through 2029. The property experiences high traffic volume, with over 9,000 vehicles passing by daily on Depot Street. There are nearly 10,000 daytime employees within a 3-mile radius. The property is located near Angel Medical Center and within walking distance of Franklin High School. The property size is 15,600 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Bay Roan Beauty Salon Long Hair Boutique, ... Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Macon
    State
    North Carolina
    Longitude
    -83.3725977
    Latitude
    35.1829028

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    FAQs

    What type of property is this?
    Strip mall - Retail strip center in Franklin, NC with high traffic.
    Where is this strip mall located?
    The property is located at 543 Depot St Franklin, NC.
    What is the asking price?
    The asking price for this property is $1,333,000.
    What are key features of this property?
    This property features: - High Traffic Counts: Over 9,000 vehicles pass the site daily on Depot St.; - Strong Local Demographics: Over 10,700 residents within a 3-mile radius.; - Anticipated +5.05% population increase within 3 miles by 2029.
    (248) 962-5054
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    543 Depot St Franklin, NC 28734
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    Franklin, NC 28734
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    543 Depot St Franklin, NC 28734
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