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    Property profile & analytics

    345 Main St Franklin, TN 37064-2613

    • Retail space
    • 4,888 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $4,125,000
    Last Sale
    Nov 01, 2022
    $3,390,000
    Location Intelligence
    Property ID
    US80-1836778
    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

    • White's Mercantile Franklin / General Store / Store
    • Sine Wave Coffee / Caterer / Coffee Stand
    • Southeast Analytics Inc / Engineering Consultant

    Property Details for 345 Main St

    Year built
    1900
    Lot size
    0.06 lot acres
    Property size
    4,888 SF
    Property type
    Retail space
    APN
    094078C O 00900
    APU
    094078CO00900

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,440,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,195,000
      6.5%
      $3,290,000
      7%
      $3,175,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,520,000
      Geo Method
      $3,895,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,775,000
      Retail
      $2,975,000
      Mixed-Use
      $2,950,000
      Hospitality
      $3,035,000
      Educational
      $3,025,000
      Residential Income
      $2,830,000
      Energy
      $3,175,000
      Income-Based Land
      $2,950,000
      Food Service
      $2,865,000

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.8699
    Latitude
    35.9245
    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
    $25,083
    $600,000
    $321,760
    $921,760
    -
    $1,500,000
    $804,400
    $2,304,400

    Comparable in this City

    • Value Estimation by Request
      42,880 SF

      3046 Columbia Ave

      RETAIL STORES (PERSONAL SERVICES) • 42,880 SF
      3046 Columbia Ave, Franklin, TN 37064-7429
      View Details
    • Value Estimation by Request
      2,304 SF

      1164 Columbia Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,304 SF
      1164 Columbia Ave, Franklin, TN 37064-3617
      View Details
    • Value Estimation by Request
      2,279 SF

      109 3rd S Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,279 SF
      109 3rd S Ave, Franklin, TN 37064-2530
      View Details
    • Value Estimation
      $1,090,000
      1,066 SF

      230 1st S Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,066 SF
      230 1st S Ave, Franklin, TN 37064-2214
      View Details
    • Value Estimation
      $2,185,000
      2,728 SF

      217 2nd S Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,728 SF
      217 2nd S Ave, Franklin, TN 37064-2649
      View Details
    • Value Estimation
      $575,000
      4,552 SF

      120 3rd S Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,552 SF
      120 3rd S Ave, Franklin, TN 37064-2511
      View Details

    Similar Nearby for Sale

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      6,400 SF retail building in Franklin, TN, completed in 2024.
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      Franklin Retail Investment Opportunity

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      Bookers Corner Medical Building For Sale

      Bookers Corner Medical Building For Sale
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    Similar Nearby for Lease

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      2,461 SF

      Retail Space in Franklin, TN

      Retail space for lease in a high-traffic Franklin corridor.
      1319 Murfreesboro Rd, Franklin, TN 37064
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      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
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    • $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
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      Retail Pad Site For Lease

      3,750 SF pad site available in front of Kroger.
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    • 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
      8.4k
    • Visitors by month
      8.7k
    • Avg Time on site
      32 min
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    345 Main St
    Franklin, TN 37064-2613
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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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