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    Property profile & analytics

    229 Royal Oaks Blvd Franklin, TN 37064-8965

    • Grocery and convenience stores
    • 3,300 SF
    • 1.23 lot acres
    OFF-MARKET
    Value Estimation
    $615,000
    Location Intelligence
    Property ID
    US80-1751089
    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

    • Grocery and convenience stores

    Property Details for 229 Royal Oaks Blvd

    Year built
    1998
    Lot size
    1.23 lot acres
    Property size
    3,300 SF
    Property type
    Grocery and convenience stores
    APN
    094079O A 00302
    APU
    094079OA00302

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.8322
    Latitude
    35.9098
    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
    $18,800
    $460,040
    $230,840
    $690,880
    -
    $1,150,100
    $577,100
    $1,727,200

    Comparable in this City

    • Value Estimation
      $410,000
      3,600 SF

      222 New Hwy 96th W

      CONVENIENCE STORE • 3,600 SF
      222 New Hwy 96th W, Franklin, TN 37064-2457
      View Details
    • Value Estimation
      $350,000
      2,160 SF

      4348 Old Hillsboro Rd

      CONVENIENCE STORE • 2,160 SF
      4348 Old Hillsboro Rd, Franklin, TN 37064-9515
      View Details
    • Value Estimation by Request
      66,439 SF

      3034 Columbia Ave

      GROCERY, SUPERMARKET • 66,439 SF
      3034 Columbia Ave, Franklin, TN 37064
      View Details
    • Value Estimation by Request
      49,772 SF

      411 Whitman St

      GROCERY, SUPERMARKET • 49,772 SF
      411 Whitman St, Franklin, TN 37064-5075
      View Details
    • Value Estimation
      $590,000
      140 SF

      505 Hillsboro Rd

      CONVENIENCE STORE • 140 SF
      505 Hillsboro Rd, Franklin, TN 37064-2123
      View Details
    • Value Estimation
      $465,000
      2,408 SF

      1017 Riverside Dr

      CONVENIENCE STORE • 2,408 SF
      1017 Riverside Dr, Franklin, TN 37064-6500
      View Details

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      Franklin Retail Investment Opportunity

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      5,971 SF

      Bookers Corner Medical Building For Sale

      Bookers Corner Medical Building For Sale
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      Land with Creek and Pasture

      15+/- acre tract with creek, pasture, and building site.
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    Similar Nearby for Lease

    • Contact for pricing
      2,461 SF

      Retail Space in Franklin, TN

      Retail space for lease in a high-traffic Franklin corridor.
      1319 Murfreesboro Rd, Franklin, TN 37064
      View Details
    • Contact for pricing
      5,830 SF

      Retail Space in Franklin, TN

      Retail space available for lease in Franklin, Tennessee.
      320 Main St, Franklin, TN 37064
      View Details
    • $5,416 /Mo
      2,500 SF

      Retail Space in Franklin, TN

      2500 SF retail space available for rent.
      3054 Columbia Ave, Franklin, TN 37064
      View Details
    • $6,666 /Mo
      3,750 SF

      Retail Pad Site For Lease

      3,750 SF retail pad site available for ground lease.
      1195 Murfreesboro Rd, Franklin, TN 37064
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    • $6,666 /Mo
      3,750 SF

      Retail Pad Site For Lease

      3,750 SF pad site available in front of Kroger.
      1203 Murfreesboro Rd, Franklin, TN 37064
      View Details
    • Contact for pricing
      47,022 SF

      Westhaven Town Center Retail

      Prime Retail Space in Growing Westhaven
      1025 Westhaven Blvd, Franklin, TN 37064
      View Details

    Property Visit Statistics

    • Visits by month
      19.9k
    • Visitors by month
      10.0k
    • Avg Time on site
      8 min
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    Franklin, TN 37064-8965
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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