308 Century Ct Franklin, TN 37064-3918
- Warehouses
- 3,000 SF
- 0.40 lot acres
Current Use by Public Records
- Tennessee Bonding Company - Franklin & Williamson County / Bail Bonds Service
- CJ Crawl Space of Franklin / Waterproofing Service
- Gold star Landscaping / Lawn Care Service
Property Details for 308 Century Ct
- Year built
- 1980
- Construction
- FRAME
- Lot size
- 0.40 lot acres
- Property size
- 3,000 SF
- Property type
- Warehouses
- APN
- 094090G A 01308
- APU
- 094090GA01308
Description
This exceptional Franklin, TN business opportunity encompasses a 3,000 square foot building situated on a 0.4-acre lot. The property boasts a versatile layout, featuring approximately 1,000 square feet of office space and 2,000 square feet of warehouse space, ideal for a variety of businesses. Its Heavy Industrial zoning allows for diverse operational possibilities. The location is highly advantageous, offering excellent access and visibility, situated off Columbia Avenue, a major thoroughfare with a significant traffic count of 20,483 vehicles per day (VPD) in 2023. This translates to substantial exposure for any business operating from this address. The property is being sold in its current "as-is/where-is" condition, presenting a unique chance to acquire a well-positioned asset in a flourishing community. The combination of ample space, convenient location, and high traffic volume makes this an attractive investment opportunity for entrepreneurs and businesses seeking a strategic foothold in Franklin, Tennessee. The property's size and zoning provide flexibility for various business models, making it a versatile and valuable asset. Don't miss this chance to establish your business in a prime location. The asking price is $1,500,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $370,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $435,000
- 6.5%
- $405,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $606,000
- AI Estimate
- $318,000
Market price range: $239k - $842kMarket price range: $155k - $475k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $565,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- Williamson
- State
- Tennessee
- Longitude
- -86.8828
- Latitude
- 35.8984
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA