1915 Columbia Ave Franklin, TN 37064-3921
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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