Property profile

107 Sawmill Vlg Ln Franklin, NC 28734

OFF-MARKET
Turn key restaurants
Property ID
US53-2143672
4,618 SF 1.33 ac lot Built 2008
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4,969 square foot freestanding commercial building presents a unique opportunity for a discerning tenant. Located in Franklin, South Carolina, this single-tenant retail or restaurant space is ideally situated on a 1.33-acre lot offering ample parking for customers and employees. The building is a second-generation restaurant, providing a ready-made space for immediate occupancy. Its strategic location offers excellent visibility and accessibility, with multiple points of ingress and egress ensuring convenient traffic flow. The property enjoys high traffic counts due to its proximity to US Highway 64, a major thoroughfare. This prime location is further enhanced by its close proximity to a variety of established businesses, including Walgreens, Lowe's Home Improvement, Ingles, McDonald's, Cookout, and Wendy's, creating a strong retail synergy and attracting a substantial customer base. The building's 4,969 square feet of vacant space provides ample room for a variety of retail or restaurant concepts. This is an exceptional opportunity to establish a thriving business in a high-demand location with excellent visibility and convenient access. The entire 4,969 square feet is available for lease. The property is located in Macon County.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2008
Construction FRAME
Total area 4,618 SF
Lot 1.33 ac (57,935 SF)
Zoning code FC3
APN 6584832069
UPID US53-2143672

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

107 Sawmill Vlg Ln Franklin, NC 28734-4794
Franklin metro Census 970600
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2024
Last sale
$1.1M
7 recorded transactions
2024
$1.1M
2024
Price N/A
2017
Price N/A
2012
$1.9M
2012
$186,500
2012
Price N/A
2008
$6.0M

Zoning & alternative use

FC3 · Franklin, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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