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    1816 Old Natchez Trce Franklin, TN 37069

    Sponsored
    For Sale
    $2,650,000

    7.94 Acres, Prime Location, $2.65M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7.94-acre commercial land parcel presents a unique investment opportunity in the desirable Franklin, Tennessee market. Located at 1816 Old Natchez Trace, in Williamson County, zip code 37069 (35.978616, -86.928027), this property boasts a picturesque setting on a meandering street. The land is currently approved for a septic system designed to accommodate a five-bedroom home with a large bathtub, suggesting significant potential for residential development, subject to local zoning regulations and approvals. The property includes a pre-existing rock wall, adding to its aesthetic appeal and potential development options. Given its size and location, this property is well-suited for a variety of commercial uses, offering significant upside for the discerning investor. The asking price for this remarkable opportunity is $2,650,000. Serious inquiries are encouraged to explore the full potential of this exceptional Franklin, Tennessee land holding. Buyers are responsible for conducting their own due diligence regarding zoning, permitting, and all other relevant factors.

    Property Features for 1816 Old Natchez Trce

    General Information

    Property type
    Land
    Lot Size
    345,866 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop HVAC Service Italian Restaurant Catering Service Locksmith

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.928027
    Latitude
    35.978616

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    FAQs

    What type of property is this?
    Land - 7.94 Acres, Prime Location, $2.65M
    Where is this land located?
    The property is located at 1816 Old Natchez Trce Franklin, TN.
    What is the asking price?
    The asking price for this property is $2,650,000.
    Request Owner's contact information
    1816 Old Natchez Trce 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
    1816 Old Natchez Trce Franklin, TN 37069
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