511 New Highway 96Franklin, TN 37064

Property Details for 511 New Highway 96

Year built

2008

Lot size

0.07 AC

Property size (Sq ft)

2,946 SF

Property type

Office properties

APN

094078B A 00400C001

APU

094078BA00400C001

Description

This Franklin, TN office property, located at 511 New Hwy 96 W, offers ±3,250 to ±9,362 square feet of flexible space for lease. Building II of Corporate Woods, a Class B property built in 2007, features a contemporary design with private offices, open areas, conference rooms, break rooms, workrooms, and storage. The 12,600 square foot building sits on 2.6 acres of land and boasts a two-story design. Enjoy high visibility on New Hwy 96 West with monument and door signage opportunities. Ample parking and lush landscaping enhance the property's appeal. The property is conveniently located less than one mile from downtown Franklin's vibrant shops and restaurants. Multiple tenancy options are available within this well-maintained building, offering a range of sizes to suit various business needs. The property's APN is 078B-A-004.00-C-002 and is situated in the Franklin submarket, offering easy access to the city's amenities and transportation networks. The building's cross street is Glass Lane. This is a prime opportunity for businesses seeking a modern and convenient office space in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $576,785

  6.5%

  $532,417

  7%

  $494,387

• Comparable approach

  Method

  Valuation

  Relative Method

  $253,592

  Geo Method

  $253,592

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,001,910

  Retail / Commercial

  $522,837

  Mixed-Use / Specialty

  $528,115

  Hospitality / Lodging

  $396,760

  Institutional / Educational

  $551,580

  Residential Income

  $645,348

  Multifamily

  $734,403

  Automotive / Energy

  $472,782

  Parking / Income-Based Land

  $156,095

  Restaurant / Food Service

  $289,919

  Healthcare / Senior Housing

  $534,249

Location Insight

City

Franklin

County

Williamson

State

Tennessee

Latitude

35.9252

Longitude

-86.8838

CBSA code

34980

CBSA name

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

Property Tax & Assessments

FAQs

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