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    600 N Morton St Franklin, IN 46131

    For Sale
    $1,840,085

    6,157 SF Advance Auto Parts in Franklin, Indiana for sale.

    Property size:
    6,157 SF
    Lot size:
    1.06 Acres

    Property Features for 600 N Morton St

    General Information

    Size
    6,157 SF
    Lot size
    1.06 Acres

    Source: Sands Investment Group (SIG) - Corporate Agent Jack Liberatore

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

    Overview

    Advance Auto Parts For Sale

    The property available for sale is a 6,157 square foot Advance Auto Parts located at 600 North Morton Street in Franklin, Indiana. The lease is backed by Advance Auto Parts, a company with an investment-grade credit rating of BB+ from S&P and Ba1 from Moody’s, and $9.1 billion in annual sales for 2024, providing for a secure investment.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Similar Places Nearby

    Franklin Muffler, Brakes & More, Ken's Auto Electric, Chumbley's Auto Repair, RG Mobile 1, Express Oil Change

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Johnson
    State
    Indiana
    Longitude
    -86.064877
    Latitude
    39.486812

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    FAQs

    What type of property is this?
    Auto shop - 6,157 SF Advance Auto Parts in Franklin, Indiana for sale.
    Where is this auto shop located?
    The property is located at 600 N Morton St Franklin, IN.
    What is the asking price?
    The asking price for this property is $1,840,085.
    What are key features of this property?
    This property features: - Investment-grade credit rating (BB+ from S&P and Ba1 from Moody’s) of Advance Auto Parts provides a secure investment.; - Lease is backed by Advance Auto Parts.; - Advance Auto Parts reports $9.1 Billion in annual sales for 2024.
    (844) 474-4666
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    600 N Morton St Franklin, IN 46131
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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
    600 N Morton St Franklin, IN 46131
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