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Prime Development Land

4442 Pratt Lane : Franklin, TN 37064

Williamson County, Tennessee

19.45 Acres
Land Auction
August 1, 2024 2:00 PM
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Land Description

Online Real Estate Auction. 19.45± Acres of Prime Development Land.

Location: 4442 Pratt Lane, Franklin, TN 37064

Online Bidding Starts: Thursday, July 11 at 8:00 AM Cdt

Online Bidding Ends: Thursday, August 1 at 2:00 PM Cdt

Discover this 19.45± acres of prime development land in Franklin, Tennessee, just a stone's throw away from the vibrant hub of Nashville. As Nashville blooms with opportunities, this proximity offers developers a coveted chance to help shape the future of Middle Tennessee. Franklin and Williamson County continue to be one of the fastest growing areas in the nation and Williamson County has one of the strongest economies in the nation. Franklin was voted as one of the top ten places to live by Money Magazine in 2023. Situated near the I-65 interchange and I-840, this location is a developer's dream, promising ample prospects for growth and innovation.

Projections for this area include a new I-65 interchange, a flyover to Lewisburg Pike, expansion of Carothers Pkwy to Peytonsville Rd, as well as widening Peytonsville Rd to 5 lanes. This area is in high demand as the City of Franklin just passed its Envision Franklin plan detailing the city's plan for growth. As part of this plan, this parcel's approximately and future zoning has been marked Mixed Residential. While currently in the county, the property can easily be annexed into the city.

Noteworthy is its adjacency to the Ramsey Event Center, underscoring the prestige and potential of this area in Franklin, Tennessee. The property presents an incredible opportunity for real estate developers due to its prime location and favorable characteristics. Situated in a high growth area with Fortune 500 companies as well as other well-established companies nearby, this lot of land offers immense potential for redevelopment. The terrain of the land makes it an ideal canvas for various development projects, whether it be commercial, residential, or mixed-use. The proximity to established businesses not only ensures a built-in customer base but also enhances the property's value and desirability. With its excellent location, growing surroundings, and ideal topography, this property stands as a lucrative prospect for any real estate developer looking to make a significant impact in the area.

The property's diverse structures offer a range of possibilities for new developments and enhancements, making it a truly versatile and promising investment opportunity. The property boasts a 2,976+/- sf single-family home, a charming 1,134 sf cottage, a six-stall barn measuring 30×60 feet, and a tractor shed spanning 24×60 feet.

Franklin, Tennessee, stands out as a unique blend of history and modern charm. As a neighbor to the music capital of the world, Franklin boasts a beautiful historic district that reflects its 200 years of rich history. Its hospitable environment coupled with a range of amenities including shopping, restaurants, and antique shops make it a truly wonderful place to live. Franklin presents an amazing opportunity for those seeking a blend of heritage and contemporary living.

Embrace this opportunity to be at the forefront of Nashville's expansion and carve your mark in this dynamic landscape.

J.P. King Auction

Craig King

Licensing: Real Estate: J.P. King Auction Company, Inc.; Auctioneer: Jerry Craig King, 1525; J.P. King Auction Company, Inc., 123

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