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    234 4Th Ave Franklin, TN 37064

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    For Sale
    $1,695,000

    Office/residential property in Franklin, TN, needing complete renovation.

    Property size:
    3,044 SF
    Lot size:
    0.46 Acres

    Property Features for 234 4Th Ave

    General Information

    Standard status
    Active
    Size
    3,044 SF
    Lot size
    0.46 Acres

    Building Details

    Year built
    1947

    Source: COMPASS RE Agent JAMIE BRANDENBURG

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

    Overview

    Franklin Office/Residential Renovation Opportunity

    Located two blocks from Historic Main Street in Franklin, TN, this 3,044 square foot office/residential property is set on a 0.46-acre lot. The building requires a complete renovation, presenting an opportunity for customization into a modern office space or residential home. The property features 4 rooms, a kitchen, a large reception area, and a stand-up unfinished basement with heating and cooling, accessible via two entrances. A detached storage building is situated on the large, level lot, which also includes 8 parking spaces. Zoned Office Residential District with a Historic Preservation Overlay, the property allows for renovation while preserving its character. The location is near local shops, restaurants, and downtown Franklin.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Franklin
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.8688365
    Latitude
    35.922008

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    FAQs

    What type of property is this?
    Office Property / Space - Office/residential property in Franklin, TN, needing complete renovation.
    Where is this office property / space located?
    The property is located at 234 4Th Ave Franklin, TN.
    What is the asking price?
    The asking price for this property is $1,695,000.
    What are key features of this property?
    This property features: - Prime location: Just two blocks from Historic Main Street in downtown Franklin, TN.; - Large 0.46-acre lot with a 3,044 SF building, offering ample space.; - Zoned Office Residential District with Historic Preservation Overlay, allowing for flexible use and renovation.
    (615) 475-5616
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    234 4Th Ave Franklin, TN 37064
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    Franklin, TN 37064
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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
    234 4Th Ave Franklin, TN 37064
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