915 Columbia AveFranklin, TN 37064

Property Details for 915 Columbia Ave

Year built

1910

Lot size

0.18 AC

Property size (Sq ft)

2,286 SF

Property type

Retail properties

Property subtype

Retail space

APN

094078F B 00900

APU

094078FB00900

Description

This exceptional retail property, located at 915 Columbia Avenue in Franklin, Tennessee, presents a lucrative investment opportunity. Boasting 2,286 square feet of space, this property benefits from dual road frontage on Columbia Avenue and Cummins Street, ensuring high visibility and accessibility for customers. The property is zoned CC, offering flexibility for a variety of retail uses. A significant advantage is the inclusion of a private parking lot providing ample parking for customers and staff, with capacity for 10 or more vehicles. The 0.18-acre lot provides convenient access and ample space. The property is available for immediate occupancy, starting January 1st, 2025. Its prime location in Franklin, a thriving and desirable city, guarantees strong foot traffic and potential for significant returns. This is an exceptional opportunity to acquire a well-situated retail property in a highly sought-after market. The combination of high visibility, convenient parking, and flexible zoning makes this an ideal investment for discerning buyers seeking a strong return on their investment. The property's size and location make it suitable for a variety of retail businesses. Don't miss this chance to own a piece of Franklin's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $580,520

  6.5%

  $535,864

  7%

  $497,588

• Comparable approach

  Method

  Valuation

  Relative Method

  $495,883

  Geo Method

  $495,883

• Alternative Use

  Use

  Valuation

  Residential

  $452,021

  Hospitality

  $414,049

  Educational

  $344,484

  Medical

  $356,331

  Retail

  $535,864

Location Insight

City

Franklin

County

Williamson

State

Tennessee

Latitude

35.9198

Longitude

-86.8722

CBSA code

34980

CBSA name

NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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