472 Downs BlvdFranklin, TN 37064

  • Industrial properties
  • 1.23 AC
For Sale
$899,900 View listing

Property Details for 472 Downs Blvd

Lot size
1.23 AC
Property type
Industrial properties
Property subtype
Other industrial properties
APN
094078O B 00600
APU
094078OB00600

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,594,426
    Hospitality
    $9,704,437
    Educational
    $8,073,978
    Medical
    $8,351,654
    Retail
    $12,559,521
472 Downs Blvd, Franklin, Tennessee

Location Insight

City
Franklin
County
Williamson
State
Tennessee
Latitude
35.909
Longitude
-86.8861
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
$5,356
$196,800
-
$196,800
-
$492,000
-
$492,000

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