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    1711 Old Hillsboro Rd Franklin, TN 37069

    Sponsored
    For Sale
    $12,750,000

    22 Acres, Historic Estate, $12.75M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 22-acre commercial land parcel in Franklin, Tennessee, presents a unique investment opportunity. Located at 1711 Old Hillsboro Rd, zip code 37069, the property boasts a meticulously restored 1858 Greek Revival home, showcasing original grandeur and modern luxuries. The estate includes a guest house/pool house, a carriage house/recreation room, and two barns, offering significant versatility. Two gated entries enhance privacy, while a gazebo, cast iron fountain, and beautifully landscaped grounds, including lush boxwood gardens, contribute to the property's aesthetic appeal. Interior features include a first-floor sitting area (referred to as a "hobby room") and a first-floor library ("den"). The carriage house adds substantial third-floor square footage, expanding the property's potential uses. The property is offered at $12,750,000. All information should be independently verified by the buyer. There is no sign on the property. Additional acreage may be available.

    Property Features for 1711 Old Hillsboro Rd

    General Information

    Property type
    Land
    Lot Size
    958,320 SF

    HighLights

    • $12,750,000 asking price.
    • 22‑acre commercial land parcel.
    • Located at 1711 Old Hillsboro Rd, Franklin, TN 37069.
    • Includes a historically restored Greek Revival home and outbuildings.
    • Property features include a guest house, carriage house, barns, and extensive landscaping.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walnut Hill Lavender ... Historical Landmark

    Suggested Use

    Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.932668
    Latitude
    35.957872

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    FAQs

    What type of property is this?
    Land - 22 Acres, Historic Estate, $12.75M
    Where is this land located?
    The property is located at 1711 Old Hillsboro Rd Franklin, TN.
    What is the asking price?
    The asking price for this property is $12,750,000.
    What are key features of this property?
    This property features: $12,750,000 asking price.; 22-acre commercial land parcel.; Located at 1711 Old Hillsboro Rd, Franklin, TN 37069.
    Request Owner's contact information
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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
    1711 Old Hillsboro Rd Franklin, TN 37069
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