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Property profile & analytics
FOR SALE
Banks

213 5Th Ave N Franklin, TN 37064

6,141 SF 1.45 ac lot Built 1973
Individually Owned Absentee Owner Free & Clear
Property ID
US80-1463299
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1973
Total area 6,141 SF
Lot 1.45 ac (63,162 SF)
APN 094078B E 01700
UPID US80-1463299
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$620k
CAP Approach CAP
by Request
Comparable Approach Comparable
$854k
Blend (final) Blend
$735k
Owner & transaction history
BANK AMERICA
BANK AMERICA
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.0M +37.2%
Retail stores $970,000 +32.0%
Restaurant $875,000 +18.8%
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More about this property
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