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1217 Liberty Pike
Franklin, TN 37067

Land For Sale · 16.60 AC

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Investment Highlights

Cool Springs/Franklin Submarket
High Growth Area - Strong Demographics
Interconnectivity to Adjoining Sites

Medical Corridor
Convenient to 2 Interstate Interchanges
Future Signaled Entrance

Executive Summary

Future development opportunity in high growth Cool Springs/Franklin (Williamson County) submarket. Potential to accommodate up to 250,000 sq. ft. of office space. Division of property possible. Located on the south side of Liberty Pike, just east of Carothers Parkway approximately one mile southeast of I-65/McEwen Drive Interchange and one mile northeast of I-65/Murfreesboro Road interchange. Neighboring properties include Lifetime Fitness, Mosby Cool Springs Apartments, Columbia State University (Williamson County Campus), Williamson Medical Center, HealthSouth Rehab Hospital, Peak 10 data storage facility, Provision CARES Proton Therapy Cancer Center, and Vanderbilt University Medical Center MOB.

PROPERTY FACTS

Sale Type	Investment or Owner User	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Retail Office Mixed Use Health Club Office Park Storefront, Retail or Office
Property Type	Land	Total Lot Size	16.60 AC

Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Health Club Office Park Storefront, Retail or Office
Total Lot Size	16.60 AC

1 Lot Available

Lot

Price	$20,245,000	Lot Size	16.60 AC
Price Per AC	$1,219,578

Price	$20,245,000
Price Per AC	$1,219,578
Lot Size	16.60 AC

The subject property consists of two contiguous parcels (79/40.10 and 40.18) containing a combined area of +/-16.60 acres located in Cool Springs/Franklin Submarket. Division Possible. Potential to accommodate up to 250,000 SF of Office Space.

Description

Frontage parallels the south side of Liberty Pike some 854 feet and the site extends to a depth of 660 feet along the east property line and +/-990 feet (irregular) along the west property line. The northern portion of the site is traversed by a 250 foot powerline easement. Overall topography is rolling, generally sloping down from north/northeast to southwest. Access is currently available via business entrance opposite Knoll Top Lane. Liberty Pike is currently four lanes with center turn lane in front of the subject site with a signaled intersection at Carothers Parkway, just west of the subject site. Knoll Top Lane is a connector road which extends north from Liberty Pike connecting into the proposed Ovation development and through internal road networks extending out to Carothers Parkway and McEwen Drive. Property is located approximately one mile southeast of I-65/McEwen Drive interchange and approximately one-mile northeast of the I-65/Murfreesboro Road interchange.

PROPERTY TAXES

Parcel Number	079-040.10	Improvements Assessment	$0
Land Assessment	$1,421,240	Total Assessment	$1,421,240

PROPERTY TAXES

Parcel Number

079-040.10

Land Assessment

$1,421,240

Improvements Assessment

Total Assessment

$1,421,240

zoning

Zoning Code	GO
GO

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Listing ID: 13374703
Date on Market: 8/3/2018
Last Updated:
Address: 1217 Liberty Pike, Franklin, TN 37067

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