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Property profile & analytics
OFF-MARKET
Land

2020 Nashville Rd Franklin, KY 42134

1.14 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.14-acre commercial lot is situated at 2020 Nashville Road in Franklin, Kentucky, offering unparalleled potential for business development. The property boasts a highly desirable location adjacent to a thriving residential and multi-family community, ensuring consistent foot traffic and visibility. Its strategic placement near major retailers like Walmart and Lowe's further enhances its appeal, providing excellent brand synergy and customer accessibility. The lot's proximity to Interstate 65 (within 2.5 miles) is a significant advantage, benefiting from a substantial daily traffic count of 15,000 vehicles. This high traffic volume guarantees exceptional exposure for any business established on this property. The property is zoned for commercial use, allowing for a wide range of development options. The parcel identification number (APN) is 037-00-00-062.00, and the ownership is currently held by the Department of Defense (DOD). The asking price for this exceptional opportunity is $449,900. This prime location in a rapidly growing area presents a unique investment opportunity for businesses seeking high visibility and convenient access in a thriving community. Don't miss this chance to secure a piece of Franklin's vibrant commercial landscape.

Property profile
Verified
Property type Land
Lot 1.14 ac (49,658 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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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