Financial
Distress signals
Property profile

100 Covey Dr Franklin, TN 37067

OFF-MARKET
Medical Office Space
Property ID
US80-1244738
53,760 SF 3.5 ac lot Built 1988
Last sale Jan 2021 · $14,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Physicians Plaza, located at 100 Covey Dr, Franklin, TN 37067, offers exceptional medical office space for lease. This Class A, three-story building boasts a total of 51,720 square feet, situated on the Williamson Health Medical Center hospital campus, providing unparalleled convenience and visibility. The building is strategically located directly off I-65 and Murfreesboro Road, ensuring easy access for patients and staff. Multiple tenancy options are available, with spaces ranging from a…

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?
$105k
Tax billed · 2023
Assessed value$3.86M
Assessed land$1.02M
Assessed improvement$2.85M
Effective rate2.72%

Value estimate

· Sep 2026
$13.85M
$12.46M – $15.23M
AI approach$10.57M
CAP approach$11.44M

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.

JurisdictionWILLIAMSON

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop18.2
Building Supply17.8
Law Firm14.9

Location

100 Covey Dr Franklin, TN 37067-5665
County assessor Recorded deeds · 4 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2001 Mallory, Franklin, TN 37067-8233 $12,750,000 Nov 2024 47,262 SF
360 Cool Spgs, Franklin, TN 37067-7215 $2,900,000 Feb 2023 7,131 SF
740 Cool Spgs, Franklin, TN 37067-6448 $13,500,000 Sep 2021 35,512 SF
570 Bakers Brg, Franklin, TN 37067-6456 $6,400,000 Aug 2019 13,746 SF
125 Cool Spgs, Franklin, TN 37067-6474 $16,500,000 Nov 2018 50,840 SF
342 Cool Spgs, Franklin, TN 37067-7213 $4,000,000 Oct 2018 18,960 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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