330 Mayfield DrFranklin, TN 37067

Property Details for 330 Mayfield Dr

Year built

1999

Lot size

8.09 AC

Property size (Sq ft)

10,825 SF

Property type

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.

• 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

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

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