This ±1,041 square foot office condo, available October 1, 2024, is located in the Corporate Woods, Building I, at 509 New Hwy 96 W, Franklin, TN 37064. Situated within a larger 13,104 square foot, two-story Class B building constructed in 2007, this suite is ideal for office or medical use. The space boasts three private offices (two with windows, one interior), a reception area, a galley kitchen, and access to shared restrooms. Modern finishes include a combination of resilient flooring and carpet. The property offers convenient access via Glass Ln and includes 46 total parking spaces and an elevator. The building sits on 2.6 acres of land and is part of the Franklin submarket. Monument and door signage opportunities are available. This suite is part of a multi-tenant building with a total of 3,056 square feet currently vacant. The property's APN is 078B-A-004.00-C-002.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$542,442
6.5%
$500,715
7%
$464,950
Comparable approach
Method
Valuation
Relative Method
$270,291
Geo Method
$270,291
Alternative Use
Use
Valuation
Residential
$620,887
Hospitality
$568,729
Educational
$473,176
Medical
$489,449
Retail
$736,051
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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