1370 Siler Rd Franklin, NC 28734
Property profile & analytics
1370 Siler Rd, Franklin, NC 28734
- Medical Office Space
- 3,568 SF
- 0.84 lot acres
Property ID
US53-4827406
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.
Location Intelligence
Current Use by Public Records
- Motto Clear Aligners / Dental Office
- Aspen Dental - Franklin, NC / Dental Office
Property Details for 1370 Siler Rd
- Construction
- FRAME
- Lot size
- 0.84 lot acres
- Zone code
- FC2
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 6594339632
- APU
- 6594339632
Description
Exceptional investment opportunity: a 3,500 square foot Aspen Dental located at 1370 Siler Rd, Franklin, NC 28734. This property boasts a strong 6.15% cap rate and a substantial net operating income (NOI) of $127,750. The property sits on 0.81 acres and is part of a thriving shopping center with excellent visibility on Highway 23 (25,000 vehicles per day), alongside national retailers such as ALDI, Chick-fil-A, and Starbucks. Other nearby national retailers include Lowe's, Food Lion, and Harbor Freight Tools. This Aspen Dental is the only national dental office in Franklin and the closest to Highlands, NC, a popular tourist destination attracting over 6 million visitors annually. The location benefits from Franklin's position as a retail hub for Highlands residents and tourists. The property features a 10-year net lease (NNN) with Aspen Dental, a leading dental support organization with over 1,000 locations nationwide, commencing September 30, 2022, and expiring October 30, 2032. The lease includes 10% rent increases every five years, providing significant long-term growth potential. The tenant is responsible for all expenses except roof and structure maintenance. Built in 2022, this property offers a secure, high-performing investment with a strong tenant and excellent location in a growing market with low unemployment (3.25%) and projected job growth exceeding 30%. The property's performance ranks in the top 83% of all Aspen Dental locations nationwide. This is a rare opportunity to acquire a high-quality, net-leased property with a strong tenant and significant upside potential. The asking price is $2,078,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,830,000
- ML approach
- $1,780,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- Macon
- State
- North Carolina
- Longitude
- -83.3713
- Latitude
- 35.1645
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
2024
$4,145
$489,890
$693,890
$1,183,780
-
$489,890
$693,890
$1,183,780
