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    100 Covey Dr Franklin, TN 37067

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    Property profile & analytics

    100 Covey Dr Franklin, TN 37067


    • Medical Office Space
    • 53,760 SF
    • 3.50 lot acres
    Medical Office Space For Lease For Lease
    $13,845,000

    Medical Office Space For Lease

    Outpatient medical space available for lease in Franklin, TN.

    100 Covey Dr, Franklin, TN 37067
    View Listing
    Property ID
    US80-1244738
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $13,845,000
    Cap Rate Potential
    3.9%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Franklin Family Dental / Dental Office
    • Cox Orthodontics / Dental Office
    • Tennessee Retina / Medical Clinic / Ophthalmologist
    • Christopher Optical Physicians Plaza / Ophthalmologist / (Bike/Boat/Book/etc) Store
    • Naomi MD MedSpa / Spa & Massage Center / Alternative Medicine Practice

    Property Details for 100 Covey Dr

    Year built
    1988
    Construction
    CONCRETE
    Lot size
    3.50 lot acres
    Property size
    53,760 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    094079K A 00100
    APU
    094079KA00100

    Description

    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 minimum of 626 square feet to a maximum contiguous space of 3,031 square feet. Currently, 5,136 square feet of space is vacant and ready for immediate occupancy. The building consists of one building with three stories, and is located in Williamson County. This prime location within a thriving medical community presents a unique opportunity for healthcare professionals seeking modern, efficient, and conveniently located office space. The building's Class A designation reflects its high-quality construction, modern amenities, and professional atmosphere. Interested parties are encouraged to inquire about available space and lease terms. This is an exceptional opportunity to establish or expand your medical practice in a highly desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $19,205,000
      ML approach
      $10,570,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $12,395,000
      6.5%
      $11,440,000
      7%
      $10,625,000
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $8,610,000
      Current use
      COMMERCIAL (GENERAL)
      $12,150,000
      Change: +41% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.82
    Latitude
    35.9149
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $105,148
    $1,017,160
    $2,846,840
    $3,864,000
    -
    $1,627,500
    $221,200
    $1,848,700
    View Listing
    More about this property
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