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    Property profile & analytics

    115 Carr Ave Franklin, TN 37064-3806

    • Manufacturing properties
    • 27,240 SF
    • 5.71 lot acres
    OFF-MARKET
    Value Estimation
    $5,410,000
    Last Sale
    Mar 12, 2024
    $5,375,000
    Location Intelligence
    Property ID
    US80-1280728
    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.

    Current Use by Public Records

    • IntelliStone / Countertop Store / Bathroom Remodeler
    • TriGreen Landscapes and Irrigation / Landscaper

    Property Details for 115 Carr Ave

    Year built
    1971
    Construction
    FRAME
    Lot size
    5.71 lot acres
    Property size
    27,240 SF
    Property type
    Manufacturing properties
    APN
    094090C A 00400
    APU
    094090CA00400

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,240,000
      6.5%
      $5,015,000
      7%
      $5,565,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,560,000
      Geo Method
      $5,005,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,605,000
      Retail
      $5,370,000
      Mixed-Use
      $5,700,000
      Hospitality
      $5,340,000
      Educational
      $5,575,000
      Residential Income
      $5,300,000
      Energy
      $5,350,000
      Income-Based Land
      $6,775,000
      Food Service
      $6,265,000

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.8719
    Latitude
    35.9058
    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
    $24,314
    $740,000
    $153,480
    $893,480
    -
    $1,850,000
    $383,700
    $2,233,700

    Comparable in this City

    • Value Estimation
      $7,850,000
      142,114 SF

      200 Beasley Dr

      MANUFACTURING (LIGHT) • 142,114 SF
      200 Beasley Dr, Franklin, TN 37064-3908
      View Details
    • Value Estimation
      $675,000
      13,540 SF

      310 Beasley Dr

      MANUFACTURING (LIGHT) • 13,540 SF
      310 Beasley Dr, Franklin, TN 37064-3910
      View Details
    • Value Estimation
      $810,000
      2,356 SF

      500 Liberty Pike

      MANUFACTURING (LIGHT) • 2,356 SF
      500 Liberty Pike, Franklin, TN 37064-2921
      View Details
    • Value Estimation
      $1,140,000
      70,040 SF

      111 Alpha Dr

      MANUFACTURING (LIGHT) • 70,040 SF
      111 Alpha Dr, Franklin, TN 37064-3927
      View Details
    • Value Estimation by Request
      12,500 SF

      125 Pkwy Parkway

      MANUFACTURING (LIGHT) • 12,500 SF
      125 Pkwy Parkway, Franklin, TN 37064-3925
      View Details
    • Value Estimation
      $8,270,000
      56,023 SF

      305 Beasley Dr

      MANUFACTURING (LIGHT) • 56,023 SF
      305 Beasley Dr, Franklin, TN 37064-3909
      View Details

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      Land with Creek and Pasture

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    Similar Nearby for Lease

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      Industrial warehouse space available for lease in Franklin, Tennessee.
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      1,000 SF

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      Lease a renovated 2BR unit with a large, gated backyard.
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      Franklin Office Space For Lease

      Office space available for lease in Franklin, Tennessee.
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      5,830 SF

      Retail Space in Franklin, TN

      Retail space available for lease in Franklin, Tennessee.
      320 Main St, Franklin, TN 37064
      View Details
    • $35 SF/Yr
      83,524 SF

      Class A Office Space Available

      Sublease opportunity with brand new buildout and immediate availability.
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      View Details
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    115 Carr Ave
    Franklin, TN 37064-3806
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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