Property profile

1228 Lakeview Dr Franklin, TN 37067

OFF-MARKET
Retail space
Property ID
US80-1421030
2,352 SF 0.53 ac lot Built 1980
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Franklin, Tennessee commercial property at 1228 Lakeview Drive offers 2,352 square feet of versatile space in a single-tenant building. Situated on a 0.53-acre lot, this two-story structure boasts high visibility next to I-65's exit ramp, ensuring excellent exposure. The property includes up to 33 paved parking spaces on-site, with potential for expansion. Features include a covered front porch, asphalt paving in the rear, and an ADA-compliant ramp for ground-level access. The building offers dual staircases to the upper level and one loading dock with one dock-high door. The property's prior uses include car dealerships, retail, and office/warehouse spaces, demonstrating its adaptability to various business needs. A land lease, renovations, or a complete rebuild are all negotiable options for prospective buyers. This move-in ready property presents a unique opportunity in a prime Franklin location. The building is classified as Office, Retail, and Land, with subtypes including Warehouse, Creative Office, Executive Office, and Medical Office.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Total area 2,352 SF
Lot 0.53 ac (23,087 SF)
APN 094079F A 02001
UPID US80-1421030

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Film Production Television Studio

Location

1228 Lakeview Dr Franklin, TN 37067-3073
Franklin metro Census 50905 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
$605k
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2017
5 recorded transactions
2019
Price N/A
2017
Price N/A
2012
$345,000
1969
Price N/A
1969
Price N/A

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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