Financial
Distress signals
Property profile

224 South Main St Franklin, KY 42134

FOR LEASE
Other retail properties
Property ID
US34-1137876
11,060 SF 1.19 ac lot Built 1999
Last sale Jul 2021 · $1,832,142
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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224 South Main St, Franklin, KY 42134 For Lease
$2,075,000
224 South Main St, Franklin, KY 42134
View Listing

Property summary

AI-generated overview

A freestanding storefront building totaling approximately 11,060 square feet, located at 224 South Main Street, includes a drive-through and was previously occupied by Walgreens. The property is situated within Franklin’s primary retail corridor and is served by B-2 zoning, which supports retail-oriented use. It lies roughly 45 minutes north of Nashville and about 25 minutes south of Bowling Green, with access via Interstate 65, and is positioned near Franklin’s historic downtown shopping…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$1.83M
Effective rate0.93%

Value estimate

· Sep 2026
$2.08M
$1.87M – $2.28M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSIMPSON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.3
Parking Facility11.1
Realty agency10.9

Location

224 South Main St Franklin, KY 42134
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
632 Madison, Franklin, KY 42134-1922 $20,000 Dec 2023 7,500 SF
100 Kentucky, Franklin, KY 42134-1802 $400,000 Dec 2022 10,764 SF
1326 Nashville, Franklin, KY 42134-6915 $1,950,000 Jul 2022 10,640 SF
613 Main, Franklin, KY 42134-2316 $775,000 Aug 2021 8,400 SF
125 Memorial, Franklin, KY 42134-2752 $1,000,000 Aug 2021 8,163 SF
130 Kentucky, Franklin, KY 42134-1802 $420,000 Mar 2020 8,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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