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421 Fairview Ave 2.13 Acres of Commercial Land Offered at $375,000 in Franklin, KY 42134
INVESTMENT HIGHLIGHTS
- Great Multi-family located on a cul-de-sac.
- Strong demand for multi-family properties in the area.
- Development plans have been approved.
- Perfect opportunity to capitalize on Franklin’s growth.
EXECUTIVE SUMMARY
Discover a prime investment opportunity in the heart of Franklin, Kentucky. This 2.13 acre parcel of land is zoned R3, ideal for multi-family residential development such as townhomes or multi-family housing. Located within the rapidly growing Franklin community, this property offers both excellent potential for immediate development and long-term value appreciation. What sets this land apart is that it comes with city-approved development plans already in place approved for 20 units. Whether you're a seasoned developer or an investor looking for a turnkey project, this ready-to-build property simplifies the process and accelerates your timeline. The land offers convenient access to I-65, schools, shopping, and employment centers, making it highly attractive to future residents. With strong rental demand in the area and limited available multi-family housing, this is the perfect opportunity to capitalize on Franklin’s growth. Utilities are available at the road, and all development plans have been approved, streamlining your path to construction. Don’t miss this rare, ready-to-go development opportunity in a thriving community. Contact us today for more information or to schedule a site visit.
PROPERTY FACTS
| Price | $375,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.13 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-3 - Residential Multi-Family | ||
| Price | $375,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.13 AC |
| Opportunity Zone |
Yes |
| Zoning | R-3 - Residential Multi-Family |
1 LOT AVAILABLE
Lot
| Price | $375,000 | Lot Size | 2.13 AC |
| Price Per AC | $176,056.34 |
| Price | $375,000 |
| Price Per AC | $176,056.34 |
| Lot Size | 2.13 AC |
This 2.13 acre parcel of land is zoned R3, ideal for multi-family residential development such as townhomes or multi-family housing.
1 1
PROPERTY TAXES
| Parcel Number | 012-00-05-020.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $48,500 |
PROPERTY TAXES
Parcel Number
012-00-05-020.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$48,500
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421 Fairview Ave
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