1614 Franklin Rd Brentwood, TN 37027
- Auto shops
- 9,168 SF
- 1.28 lot acres
Current Use by Public Records
- The Bledsoe Agency / Business Management Consultant
- Bintelli Golf Carts - Brentwood / Golf Cart Dealer
Property Details for 1614 Franklin Rd
- Year built
- 1970
- Construction
- FRAME
- Lot size
- 1.28 lot acres
- Property size
- 9,168 SF
- Property type
- Auto shops
- APN
- 094036 06300
- APU
- 9403606300
Description
This exceptional 9,000-square-foot mixed-use building, located at 1614 Franklin Road in Brentwood, Tennessee (37027), presents a unique value-add investment opportunity. Situated on over an acre, this property boasts prime visibility on a major Brentwood thoroughfare, offering easy access from both directions of traffic. Recently renovated in 2022, the building is ready for immediate occupancy, with no tenant in place at closing. The creative office space is fully conditioned and features a flexible layout suitable for a variety of uses. Its convenient location offers quick access to Interstate 65 via Moores Lane, enhancing its appeal to businesses and employees. The property's commercial zoning allows for diverse operational possibilities. Built in 1970, this building represents a rare opportunity in a location where limited development due to topography makes comparable properties scarce. The asking price is $4,200,000, translating to $466.67 per square foot. This turnkey property is ideal for owner-users seeking a high-visibility location with immediate occupancy. The building's recent renovations minimize the need for further updates, making it a cost-effective investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,965,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,840,000
- 6.5%
- $3,825,000
- 7%
- $3,655,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,450,000
- Geo Method
- $3,515,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,480,000
- Retail
- $3,695,000
- Mixed-Use
- $3,970,000
- Hospitality
- $3,690,000
- Educational
- $3,600,000
- Residential Income
- $3,625,000
- Energy
- $3,860,000
- Income-Based Land
- $3,735,000
- Food Service
- $4,410,000
Location Insight
- Map
- Local Demand
- City
- Brentwood
- County
- Williamson
- State
- Tennessee
- Longitude
- -86.8307
- Latitude
- 35.9744
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
