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    Nashville Rd Franklin, KY 42134

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    29 Acres, Prime KY Location, High Growth

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 29-acre commercial land parcel presents a unique investment opportunity in Franklin, Kentucky. Located on Nashville Road, this property boasts a highly desirable location, offering excellent visibility and accessibility. Its prime commercial zoning allows for a wide range of development possibilities, making it ideal for various commercial ventures. The land is situated just five miles from Interstate 65, providing convenient access to major transportation routes. Adding to its appeal, the property enjoys a prominent position fronting 31 W, and benefits from its adjacency to a Walmart Supercenter and a Lowe's, ensuring high traffic and strong consumer presence. Utilities are readily available, including underground electric and natural gas. The property is slated for multi-use development commencing in the fourth quarter of 2023. The price per acre ranges from $200,000 to $500,000, reflecting the exceptional value and potential of this strategically located land. The parcel's APN is 037-00-00-061.00. This is a rare opportunity to acquire a significant commercial land holding in a rapidly growing area. Don't miss out on this chance to secure a prime location for your next development project.

    Property Features for 0 Nashville Rd

    General Information

    Property type
    Land
    Lot Size
    1,263,240 SF

    HighLights

    • Underground electrical service.
    • Natural gas available.
    • Delivery anticipated Q4 2023.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Franklin
    County
    Simpson
    State
    Kentucky
    Longitude
    -86.570118021151
    Latitude
    36.69263431093

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    FAQs

    What type of property is this?
    Land - 29 Acres, Prime KY Location, High Growth
    Where is this land located?
    The property is located at Nashville Rd Franklin, KY.
    What are key features of this property?
    This property features: Underground electrical service.; Natural gas available.; Delivery anticipated Q4 2023.
    Request Owner's contact information
    Nashville Rd Franklin, KY 42134
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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
    Nashville Rd Franklin, KY 42134
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