Property profile

400 Old Peytonsville Rd Franklin, TN 37064

FOR SALE
Retail properties & Spaces
Property ID
US80-0847713
7.45 ac lot
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400 Old Peytonsville Rd, Franklin, TN 37064 For Sale
$7,000,000
400 Old Peytonsville Rd, Franklin, TN 37064
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Property summary

AI-generated overview

This exceptional 7.45-acre commercial land parcel presents a prime development opportunity in rapidly growing Franklin, Tennessee. Located at 400 Old Peytonsville Rd, 37064, this property boasts unparalleled visibility from Interstate 65, with an estimated daily traffic count exceeding 100,000 vehicles. Zoned RC-12, the site allows for the construction of a building up to twelve stories high, accommodating a diverse range of uses. Permitted uses include commercial, mixed-use, large-scale office and retail developments, civic buildings, hotels with over 100 rooms, and multifamily residential projects. All essential utilities are readily available on-site, including sewer, reclaimed water, gas, power, and fiber internet. The property enjoys approximately 475 feet of road frontage on Old Peytonsville Road and benefits from convenient I-65 access within half a mile. Situated adjacent to the Berry Farms development, this location offers exceptional access to a thriving community. Five Mile Creek borders the western rear of the property, presenting potential for incorporating a park or recreational area into any development plan. Please note that existing homes on the property are occupied and unavailable for showings. The property is valued for land only

Property profile

Verified
Property type Retail properties & Spaces
Lot 7.45 ac (324,522 SF)
UPID US80-0847713

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

400 Old Peytonsville Rd Franklin, TN 37064
Franklin metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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