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    540 Franklin Rd Franklin, TN 37069

    For Sale
    $855,000

    Residential lot ready for construction near downtown Franklin, Tennessee.

    Property Features for 540 Franklin Rd

    General Information

    Standard status
    Active

    Source: LUXESOUTH REALTY Agent BARBARA ANN JETER

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

    Overview

    Franklin Road Build Lot

    This residential lot on Franklin Road presents a rare opportunity for construction. Located in Franklin, Tennessee, the property is situated minutes away from Downtown Franklin, The Factory, Vanderbilt Legends Golf Club, and the Pilgrimage Music Festival. The property is not subject to HOA restrictions, and significant preparatory work has already been completed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.8367652
    Latitude
    35.9669828

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot ready for construction near downtown Franklin, Tennessee.
    Where is this residential land & home lot located?
    The property is located at 540 Franklin Rd Franklin, TN.
    What is the asking price?
    The asking price for this property is $855,000.
    What are key features of this property?
    This property features: - Rare build lot on Franklin Rd; - No HOA; - Minutes from Downtown Franklin
    Request Owner's contact information
    540 Franklin Rd Franklin, TN 37069
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    Franklin, TN 37069
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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
    540 Franklin Rd Franklin, TN 37069
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