Sold! $6.5 Million! With 135 people in attendance on auction day, J. P. King sold six development tracts!
965+/- Sprawling Acres of Desirable Development Land on I-65, with
322+/- acres Selling Absolute!
Garvin’s Development Land is a sprawling 965+/- acre development property located in Franklin, KY off I-65 on Exit 6. Situated six miles north of the Tennessee-Kentucky border, this desirable acreage lies on the east and west sides of the Interstate and will be offered in six parcels, with 2 parcels on the west side selling absolute. Ranging in size from 21+/- acres to 429+/- acres, the property is ideal for the agricultural, commercial, industrial or residential opportunities.
An established agricultural region, the property is perfect for utilizing as farm while commercial opportunities develop. Portions of the acreage are currently planted with soy beans and corn, the primary crop of the area. A combination of topography, weather conditions, and location make Garvin’s Development Land wonderfully suited for ongoing and future agricultural endeavors.
In addition to farming, Garvin's Development Land offers excellent potential for high-end commercial or industrial development. The extremely busy I-65 Interstate traffic and Highway 100, the intersection where Garvin’s is located, presents exceptional north-south daily traffic volume and visibility. The property’s location is also just 40 miles north of I-40, the major east-west carrier, further increasing traffic from the East Coast to the Midwest.
Garvin’s Development Land has visibility and access from both sides of Interstate 65, making both the west and east side parcels ideal for commercial development.
Garvin’s is at the center of the population of Eastern United States and is within a two-day’s drive for most travelers, thus, its I-65 traffic counts and close proximity to I-40 make it a wonderful commercial location from a regional and national standpoint.
Located directly across Highway 100 from the property is a new 850,000 square foot distribution center adding to the industrial appeal of Garvin’s Development Land. The geographical location and Interstate access increases the development potential of the mixed-use property to include industrial.
Garvin's Development Land is zoned B-5 which is Interstate Interchange Business District and includes "highway oriented services" which is ideal for restaurants, retail, hotels, gas stations and more. Garvin's is at the center of the entire population of the Eastern United States and its I-65 traffic counts and close proximity to I-40 and I-24 make it a wonderful commercial location from a regional and national standpoint. Garvin's currently has three billboard leases on I-65 that will convey with Tract 2.
Centrally located between Bowling Green and Nashville, Franklin is a historic town full of character and was named one of the 50 Best Small Southern Towns. Franklin has served as a popular stop for overnight travelers as it’s home to a variety of restaurants, antique malls, museums, music festivals, car shows, and much more including PGA golfer Kenny Perry’s Country Creek Golf Course.
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