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Property profile & analytics
OFF-MARKET
Land

0 Pratt Ln Franklin, TN 37064

20.84 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20.84-acre land parcel presents a remarkable mixed-use development opportunity in the thriving city of Franklin, Tennessee, within the Nashville MSA. Located in Williamson County, the wealthiest county in the state, this property boasts a prime location near Interstate 65 at Exit 61/Peytonsville Road, experiencing high traffic volume with an AADT of 92,588 vehicles. The site has already been annexed into the city of Franklin, simplifying the development process. While the zoning is currently TBD, the property is suitable for a variety of uses, including multi-family residential, Class-A office space, and hotel development, allowing for a flexible and potentially lucrative mixed-use project. An urban wrap design has been proposed, maximizing the potential of this expansive site. The property is offered as a whole or potentially divisible into individual pads, catering to various development scales and investor preferences. The seller is awaiting the purchaser's vision to determine the specific use and subsequent rezoning process. This presents a unique chance to shape a significant development in one of Tennessee's most desirable locations. The APN is 133 018.13. The address is Pratt Ln, Franklin, TN 37064.

Property profile
Verified
Property type Land
Lot 20.84 ac (907,790 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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