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    402 Lake Valley Dr Franklin, TN 37069

    Sponsored
    For Sale
    $515,000

    Prime Franklin location, stunning views, 4.75 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.75-acre commercial land parcel in Franklin, Tennessee, presents a rare opportunity. Boasting spectacular hilltop views, this property offers breathtaking sunrises and sunsets. Located at 402 Lake Valley Dr, Franklin, TN 37069, it's situated within the desirable Legends Ridge HOA, providing access to a wealth of amenities. These include a community pool, tennis courts, playground, walking paths, a catch-and-release lake, a clubhouse, and private security. The property's convenient location offers easy access to Brentwood, Green Hills, and downtown Franklin. This is one of the last large lots available in this highly sought-after area of Williamson County. Potential buyers are responsible for verifying all information pertinent to their purchase. House plans are available upon request. The asking price for this remarkable property is $515,000.

    Property Features for 402 Lake Valley Dr

    General Information

    Property type
    Land
    Lot Size
    206,910 SF

    HighLights

    • $515,000 asking price.
    • 4.75‑acre commercial land parcel.
    • Located at 402 Lake Valley Dr, Franklin, TN 37069.
    • Williamson County location, offering convenient access to Brentwood, Green Hills, and downtown Franklin.
    • Legends Ridge HOA amenities include a pool, tennis courts, playground, walking trails, a lake, clubhouse, and private security.
    • One of the last large available lots in Franklin.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.8787813
    Latitude
    35.9896146

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    FAQs

    What type of property is this?
    Land - Prime Franklin location, stunning views, 4.75 acres.
    Where is this land located?
    The property is located at 402 Lake Valley Dr Franklin, TN.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: $515,000 asking price.; 4.75-acre commercial land parcel.; Located at 402 Lake Valley Dr, Franklin, TN 37069.
    (615) 533-8353
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    402 Lake Valley Dr 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
    402 Lake Valley Dr Franklin, TN 37069
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