Property profile

1501 New Hwy 96th W Franklin, TN 37064

OFF-MARKET
Grocery and convenience stores
Property ID
US80-0931556
4,648 SF 2.63 ac lot Built 2008
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2008
Total area 4,648 SF
Lot 2.63 ac (114,563 SF)
APN 094064 01906
UPID US80-0931556

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
  • Grocery & Convenience Store
  • Grocery & Convenience Store

Location

1501 New Hwy 96th W Franklin, TN 37064-4826
Franklin metro Census 50603 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
$1.11M
Comparable Approach Comparable
$872k
Blend (final) Blend
$550k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $975,000 +289.2%
Auto repair, garage $765,000 +204.8%
Retail stores $735,000 +193.3%

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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