330 Mayfield DrFranklin, TN 37067

  • Retail properties
  • 10,825 SF
For Lease
$29.50/SF/YR View listing

Property Details for 330 Mayfield Dr

Year built
1999
Lot size
8.09 AC
Property size (Sq ft)
10,825 SF
Property type
Retail properties
Property subtype
Retail space
APN
094054 00611
APU
9405400611

Description

This exceptional retail opportunity is located within Building D of the Carothers Corner development at 330 Mayfield Dr, Franklin, TN 37067, situated at the intersection of Carothers Parkway and Mayfield Drive in the Cool Springs submarket of Williamson County. The property, built in 1999 and renovated in 2021, is a Class A retail center featuring four single-story buildings. Units range from approximately 1,370 to 2,070 square feet, ideal for a variety of retail uses. The 8.09-acre site boasts a diverse tenant mix, attracting customers throughout the day and across various demographics. Carothers Corner benefits from its location in one of Tennessee's most affluent communities, offering strong local management and an established customer base. This is a rare chance to secure retail space in a thriving, high-traffic location with excellent visibility and accessibility. No elevators are present in the building. The property offers a unique opportunity for businesses seeking a prominent presence in a high-demand retail area. The strong tenant mix ensures consistent foot traffic and a vibrant atmosphere. This is a prime location for businesses looking to capitalize on the area's affluent demographics and strong local economy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,748,960
    6.5%
    $2,537,502
    7%
    $2,356,252
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,348,176
    Geo Method
    $2,348,176
  • Alternative Use

    Use
    Valuation
    Residential
    $2,140,478
    Hospitality
    $1,960,666
    Educational
    $1,631,251
    Medical
    $1,687,352
    Retail
    $2,537,502
330 Mayfield Dr, Franklin, Tennessee

Location Insight

City
Franklin
County
Williamson
State
Tennessee
Latitude
35.9545
Longitude
-86.8027
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
$150,812
$2,158,440
$4,836,200
$6,994,640
-
$3,792,200
$6,972,000
$10,764,200

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