400 Old Peytonsville Rd, Franklin TN 37064
Location, Location, Location! Prime RC12 Commercial Development Opportunity. This notable site offers capacity to build up to 12 stories vertical with excellent interstate visibility to estimated traffic count of 100,000+ per day. Sitting adjacent to the thriving Berry Farms development in rapidly growing south Franklin, TN. Public utilities onsite. Favorable RC12 zoning supports diverse uses: commercial/mixed-use, large-scale office/retail, civic, 100+ room hotel, and multifamily. Enjoy the charming Five Mile Creek running along the property's western rear, ideal for a park or recreation area
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Franklin
This property is grouped with the current listings without a reported bedroom count in Franklin. Its asking price falls near the 91st percentile of that active group. The comparison uses 191 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 0 days, while the current cohort averages 74 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $1,012,500, and the median is $376 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 308 Hughes Ln | Jun 8, 2026 | 5 bd · 3,539 sqft | $1,525,000 | 0.3 mi |
| 9029 Berry Farms Xing | Jun 5, 2026 | 3 bd · 2,475 sqft | $875,000 | 0.3 mi |
| 1035 General Martin Ln | May 26, 2026 | 3 bd · 2,525 sqft | $1,075,000 | 0.4 mi |
| 3043 Rural Plains Cir | Aug 14, 2026 | 4 bd · 2,529 sqft | $850,000 | 0.4 mi |
| 601 Rieves Cir | May 26, 2026 | 5 bd · 4,149 sqft | $1,925,000 | 0.4 mi |
| 223 Old Peytonsville Road | Aug 26, 2026 | 4 bd · 2,354 sqft | $850,000 | 0.4 mi |
| 507 Ellington Dr | Aug 25, 2026 | 4 bd · 3,631 sqft | $1,420,000 | 0.5 mi |
| 159 Circuit Rd | Jul 15, 2026 | 4 bd · 3,346 sqft | $950,000 | 0.6 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $7,000,000 · Active
Location reference points
How this address sits within the Franklin area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- I-24 at Manchester49.2 miles straight-line · roughly 88 driving minutes
- Downtown Tullahoma49.3 miles straight-line · roughly 88 driving minutes
- Downtown Manchester49.5 miles straight-line · roughly 88 driving minutes
- Arnold Air Force Base53.1 miles straight-line · roughly 95 driving minutes
- Tims Ford Lake55.6 miles straight-line · roughly 99 driving minutes
Continue comparing
Similar active homes in Franklin
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Franklin homes for sale · See the Franklin market report