Property profile

189 PALMER ST Franklin, NC 28734

OFF-MARKET
Office Building
Property ID
US53-1364522
5,320 SF 0.49 ac lot Built 2004
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Property summary

AI-generated overview

A single-story 5,320 sq. ft. building located in downtown Franklin, North Carolina, on a 0.49-acre corner lot with visibility along a main approach into town. The modular interior layout supports flexible use scenarios such as office, retail, showroom, or light service, and includes a front lobby, two reception areas, seven private offices, a large conference room, two kitchen areas, two restrooms, a utility room, storage space, and cubicle workstations. Outdoor space includes approximately 1,200 sq. ft. of deck area. The property provides parking for 10 vehicles plus five street spaces. Building systems and utilities include five HVAC units, two propane tanks, a generator, and a fire alarm system, with city water and sewer connected; fiber-optic service is available. The site is within walking distance of restaurants, markets, and downtown shops.

Property profile

Verified
Property type Office Building
Year built 2004
Total area 5,320 SF
Lot 0.49 ac (21,344 SF)
APN 6594193565
UPID US53-1364522

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
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Telecommunications Service Data Center
  • Data Center IT Consulting Firm
  • High School
  • Consultant

Location

189 PALMER ST Franklin, NC 28734
Franklin metro
Google Maps

Value estimations

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

since 2026
Last sale
$550,000
3 recorded transactions
2026
$550,000
2021
Price N/A
2021
Price N/A
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