Technical
Financial
Distress signals
Property profile

1915 Columbia Ave Franklin, TN 37064

OFF-MARKET
Office Spaces
Property ID
US80-0512293
4,850 SF 0.4 ac lot Built 1975
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,997-square-foot flex building, located at 1915 Columbia Ave in Franklin, Tennessee, presents a unique investment opportunity for owner-users. Situated on a spacious 14,615-square-foot lot (APN: 090G B 019.00 00), this single-story Class C industrial property boasts a 15-foot ceiling height, perfect for various uses. Built in 1975 and renovated in 1990, the building currently features 18 private offices, a conference room, break room, reception area, storage rooms, waiting room, and restrooms. A significant advantage is the inclusion of one loading dock and one dock-high door, facilitating efficient loading and unloading. The property is zoned for commercial use and is readily adaptable. The existing interior layout is easily modified; permits are available for interior demolition and construction to convert the space into a warehouse configuration, offering considerable flexibility for future tenants or owners. This prime Franklin location, within Williamson County, offers convenient access to major transportation routes and amenities. The asking price for this versatile property is $1,950,000. This is a rare opportunity to acquire a well-located, adaptable industrial space in a thriving market.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1975
Construction FRAME
Total area 4,850 SF
Lot 0.4 ac (17,424 SF)
APN 094090G B 01900
UPID US80-0512293

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
  • Family Counselor

Location

1915 Columbia Ave Franklin, TN 37064-3921
Franklin metro Census 50604 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.90M
Blend (final) Blend
$2.42M

Owner & transaction history

since 2025
Last sale
$1.8M
5 recorded transactions
2025
$1.8M
2023
Price N/A
2023
Price N/A
2023
$1.7M
1990
$250,000

Zoning & alternative use

Top alternative use upside
Auto repair, garage $2.8M +17.5%
Retail stores $2.7M +14.9%

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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