Property profile & analytics
213 5Th Ave N Franklin, TN 37064
- Banks
- 6,141 SF
- 1.45 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US80-1463299
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.
Current Use by Public Records
- Bank of America ATM (Drive-thru) / Financial Advisor
- Mortgage, Bank of America / Loan Service / Bank
- Tchoupitoulas Street Snoballs / Grocery & Convenience Store / Specialty Food Shop
- Bank of America (with Drive-thru ATM) / Financial Advisor
- IdentoGO-Bank of America / Fingerprinting Service
Property Details for 213 5Th Ave N
- Year built
- 1973
- Lot size
- 1.45 lot acres
- Property size
- 6,141 SF
- Property type
- Banks
- APN
- 094078B E 01700
- APU
- 094078BE01700
Description
This exceptional 6,059-square-foot retail property, formerly a bank, is situated on a 1.41-acre lot in the heart of desirable downtown Franklin, Tennessee. Located at 213 5th Ave N, Franklin, TN 37064, this building offers excellent visibility and accessibility from a signalized intersection. The property boasts convenient drive-thru capabilities, a significant advantage for various retail uses. Its location within Williamson County places it in one of Nashville's most sought-after submarkets, known for its unique blend of historic charm and vibrant new growth. The immediate area is experiencing rapid expansion, presenting a compelling opportunity for businesses seeking a prominent presence in a thriving market. The property is zoned for 5th Avenue North district uses, providing flexibility for a range of retail concepts. This former financial services building presents a rare chance to acquire a substantial retail space in a high-growth area with exceptional visibility and access. The ample lot size offers potential for future expansion or development. This is an ideal location for businesses seeking to capitalize on Franklin's dynamic and expanding market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $620,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $853,000
Market price range: $391k - $1.21M -
Alternative Use
- Use
- Estimation
- FINANCIAL BUILDING
- $735,000 Current use
- AUTO REPAIR, GARAGE
- $1,010,000 Change: +37% Conversion: Difficult
- RETAIL STORES
- $970,000 Change: +32% Conversion: Difficult
- RESTAURANT
- $875,000 Change: +19% Conversion: Difficult
- WAREHOUSE, STORAGE
- $605,000 Change: -18% Conversion: Difficult
- MEDICAL BUILDING
- $590,000 Change: -20% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- Williamson
- State
- Tennessee
- Longitude
- -86.8736
- Latitude
- 35.9257
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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
2023
$40,978
$1,160,000
$345,880
$1,505,880
-
$2,900,000
$864,700
$3,764,700
