5030 Carothers PkwyFranklin, TN 37067

  • Office properties
  • 43,200 SF
For Lease
$360/SF/YR View listing

Property Details for 5030 Carothers Pkwy

Year built
2022
Lot size
4.04 AC
Property size (Sq ft)
43,200 SF
Property type
Office properties
Property subtype
Other office properties
APN
094079 04024
APU
9407904024

Description

This exceptional office space at 5030 Carothers Parkway in Franklin, Tennessee offers a prime opportunity for businesses seeking a modern and conveniently located workspace. The property, situated in Williamson County, boasts a brand new building with contemporary construction. A total of 8,734 square feet is currently available, divisible into spaces as small as 1,749 square feet, providing flexibility for various business needs. The building's central location offers easy access to a variety of amenities within walking distance, enhancing the convenience and appeal for employees and clients alike. The property is classified as a traditional office space and is suitable for multiple tenants. This is an ideal location for businesses seeking a modern, efficient, and well-situated office in the thriving Franklin, TN market. The address is 5030 Carothers Pkwy, Franklin, TN 37067. The available space is contiguous, offering the potential for a single large tenant or multiple smaller tenants. This presents a unique opportunity to secure a highly desirable office space in a rapidly growing area. The property's modern design and convenient location make it an attractive option for businesses of all sizes.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,462,890
    6.5%
    $6,888,821
    7%
    $6,396,762
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,718,656
    Geo Method
    $3,718,656
  • Alternative Use

    Use
    Valuation
    Residential
    $8,542,138
    Hospitality
    $7,824,552
    Educational
    $6,509,936
    Medical
    $6,733,822
    Retail
    $10,126,567
5030 Carothers Pkwy, Franklin, Tennessee

Location Insight

City
Franklin
County
Williamson
State
Tennessee
Latitude
35.9254
Longitude
-86.8149
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
$148,425
$1,363,600
$4,090,800
$5,454,400
-
$4,040,000
$8,671,500
$12,711,500

FAQs

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