Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Entitled Retail Office Development Site Title is generated by Realmo AI

    1615 Franklin Rd, Brentwood, TN 37027

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    Fully entitled for a three-story retail and office building with strong frontage and convenient interstate access.

    Type:land
    Property size:
    6 SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 2:08 am

    Property Features for 1615 Franklin Rd

    General Information

    Standard status
    Active
    Size
    6 SF
    Property subtype
    land

    We can help!

    Listing Contact
    Gary Shanks
    Gary Shanks

    Listing agent Gary Shanks

    Listing office Nashville

    Listing date Jun 3, 2026

    Source Property.jll

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

    All listing content including descriptions, pricing, images are the copyrighted material of Nashville

    HighLights

    • Fully entitled and zoned for a 3‑story building with approximately 46,000 SF of retail and office space
    • Strong frontage with 360+ feet on the Franklin Rd corridor (20,272 vehicles per day)
    • Located near the signalized Moores Lane intersection (19,721 VPD)
    • Zoned C‑2 for retail, office, service, and institutional uses
    • Convenient access to I‑65

    Overview

    This development site is fully entitled and zoned for a three-story building totaling approximately 46,000 square feet, intended for retail and office use. The property offers over 360 feet of frontage along Franklin Rd, positioned to support a commercial building with direct exposure to passing traffic.

    The site is located in the Brentwood submarket in Williamson County, about 15 miles south of Nashville. It sits minutes from the Cool Springs trade area and provides convenient access to I-65. Franklin Rd is reported at 20,272 vehicles per day, and the nearby signalized intersection of Moores Lane averages 19,721 VPD, supporting daily, commuter-oriented visibility.

    Zoned C-2, the property is suitable for a wide range of retail, office, service, and institutional uses. This makes the site a practical fit for an owner-user or developer seeking an already-approved framework for a mixed retail and office project, combined with substantial road frontage and straightforward regional connectivity.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Brentwood
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.8316001
    Latitude
    35.9754097

    Nearby Similar for Sale

    • $8,950,000
      25,230 SF

      Office/Flex Property with Dock-High Doors

      Two-story office/flex asset with multiple dock-high doors, C-3 zoning, and suite configuration for mixed tenant use.
      1005 Flagpole Ct, Brentwood, TN 37027
      View Details
    • $980,000

      Brentwood Land Ready For Building

      6.58-acre property in Brentwood, TN, ready for custom build.
      6450 Log Cabin Trail, Brentwood, TN 37027
      View Details
    • $8,445,000
      5,200 SF

      NNN Investment Opportunity in Brentwood

      Tenant with 12+ years remaining on lease in Brentwood, TN.
      6968 Nolensville Rd, Brentwood, TN
      View Details
    • $850,000

      Concord Road Acreage Opportunity

      Approximately 1.7-acre lot available on Concord Road.
      9717 Concord Rd, Brentwood, TN 37027
      View Details
    • $5,400,000

      Prime Commercial Property on Franklin

      Flat, commercially zoned land with road frontage on Franklin Road.
      1605 Franklin Rd, Brentwood, TN 37027
      View Details
    • $5,400,000

      Prime Commercial Land on Franklin

      Flat, commercially zoned land with road frontage on Franklin Road.
      1605 Franklin Rd, Brentwood, TN 37027
      View Details
    • $3,300,000

      Prime Commercial Land For Sale

      2.53 acres of commercially zoned land on Franklin Road.
      1605 Franklin Rd, Brentwood, TN 37027
      View Details
    • $3,300,000

      Prime Commercial Land For Sale

      2.53 acres of commercially zoned land on Franklin Road.
      1605 Franklin Rd, Brentwood, TN 37027
      View Details
    • $2,400,000

      Prime Commercial Land For Sale

      Commercial property on Franklin Road, Brentwood, approximately 1.84 acres.
      1605 Franklin Rd, Brentwood, TN 37027
      View Details
    • $2,400,000

      Prime Commercial Land on Franklin

      Flat, commercially zoned 1.84-acre property on Franklin Road.
      1605 Franklin Rd, Brentwood, TN 37027
      View Details
    • $750,000

      Land For Sale

      Land available off Franklin Road near Coolsprings.
      1200 Longstreet Cir, Brentwood, TN 37027
      View Details
    • $750,000

      Brentwood Land with Views

      Land available in Brentwood with no HOA and views.
      1200 Longstreet Cir, Brentwood, TN 37027
      View Details

    FAQs

    What type of property is this?
    Commercial land - Fully entitled for a three-story retail and office building with strong frontage and convenient interstate access.
    Where is this commercial land located?
    The property is located at 1615 Franklin Rd Brentwood, TN.
    What are key features of this property?
    This property features: Fully entitled and zoned for a 3‑story building with approximately 46,000 SF of retail and office space; Strong frontage with 360+ feet on the Franklin Rd corridor (20,272 vehicles per day); Located near the signalized Moores Lane intersection (19,721 VPD)
    (615) 928-5323
    We can help!
    Listing Contact
    Gary Shanks
    Gary Shanks
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1615 Franklin Rd, Brentwood, TN 37027
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!