Industrial Property for Sale in Franklin, IN
- Price: $775K
- Listing type: For sale
- Asset type: Industrial Property
- Location: Franklin, IN 46131
- Size: 9,500 SF
- Year built: 1932
Description
This well-positioned industrial property is located just half a mile from Franklin City Hall, offering rare proximity to the heart of historic downtown Franklin while providing excellent functionality for industrial operations. Only a half-mile from the courthouse square, restaurants, retail, and amenities. Quick access to I-65, U.S. 31, and just 20 minutes south of Indianapolis. Flexible Industrial Space with Outside Storage: Ideal for manufacturing, warehousing, distribution, or flex uses. The site includes generous outdoor storage capabilities, truck maneuvering areas, and on-site parking. Access to a skilled Johnson County workforce in a business-friendly community with robust regional logistics support. Perfect for companies seeking a convenient, high-visibility location with both indoor and outdoor storage options in a vibrant small-city setting. Contact us today for more details or to schedule a tour. Building SF: 9500 | Land Size: 1.33 Ac | Year Built: 1932 | Listing Type: FOR SALE
Market Context
This industrial in Franklin, IN is listed for sale at $775,000 across 9,500 SF. The building dates to 1932. It has been on the market for 24 days. Compare it against other industrial listings for sale in Franklin, IN — <a href="/search/sale/industrial/indiana/franklin">view the full market</a>.
As of Q1 2026, the Nashville industrial market showed a 3.5% vacancy rate, average asking rents near $7.01/SF/yr, and cap rates around 6.2%. Source: Consensus Q1 2026 market report.
Tight vacancy keeps competition for quality space elevated.
Industrial market FAQ
- What is the typical cap rate for industrial in Nashville?
- About 6.2% as of Q1 2026, per Consensus.
- Is the Nashville industrial market tightening or softening?
- Vacancy is around 3.5% (Q1 2026).
Unified Estimate
Very Low Confidence$55.71/SF – $75.37/SF
Mid: $65.54/SF
Total estimate for 9,500 SF: $622,630
Rate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market richmond (similarity: 100%) with 3 comparable listings.
Contact
- John Merrill — Merrill Property Group · +13175903046 · john@merrillpropertygroup.com
- John Merrill · +13175903046 · john@merrillpropertygroup.com
Explore this market
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