231 College St Franklin, KY 42134
This exceptional 10,018 square foot lot, located at 231 S College Street in Franklin, Kentucky, presents a unique investment opportunity. Situated just one block west of Main Street and two blocks from downtown Franklin, this property offers unparalleled convenience and accessibility. Its proximity to Franklin-Simpson Middle and High School campuses adds to its versatility. The zoning allows for a variety of uses, making it ideal for developers or entrepreneurs seeking a flexible space. The property is designated as "Special Purpose" and is currently vacant land, offering a blank canvas for creative vision. With a 0 square foot building footprint, the possibilities are endless. The asking price is $384,900. This prime location in a thriving Kentucky community provides exceptional potential for a wide range of commercial ventures, including but not limited to residential development, commercial establishments, or even a bed and breakfast. The lot's size and location make it an attractive proposition for those seeking a high-impact investment in a desirable area. The address is easily accessible and highly visible, ensuring strong potential for any future development. Serious inquiries are encouraged. The property is located in Simpson County, Kentucky, zip code 42134.
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OHP Work Care Medical Clinic
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Simpson County Literacy Center Charitable Organization Social Service Agency
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Square to Square Ride Temple
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.