472 Downs Blvd Franklin, TN 37064-3896
This exceptional 1.23-acre development site in Franklin, Tennessee, presents a unique investment opportunity. Located at 472 Downs Blvd, in the heart of Williamson County (zip code 37064), this property boasts Light Industrial zoning, allowing for diverse development options. Build up to three stories, creating office, retail, flex space, or general commercial uses. The site benefits from its proximity to heavy industrial areas, offering excellent logistical advantages. This prime location is situated within one of the wealthiest counties in Tennessee, a state known for its income tax-free status. The surrounding area enjoys a remarkably high average household income of approximately $180,000, ensuring a strong and stable market for any developed property. Existing site plans, engineering studies, and other relevant documentation are readily available to facilitate a smooth and efficient development process. The asking price for this exceptional opportunity is $899,900. Don't miss this chance to capitalize on the thriving Franklin market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.