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Property profile & analytics
OFF-MARKET
Land

0 Nashville Rd Franklin, KY 42134

29 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 29 ac (1,263,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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