5215 Backbone Ridge Rd

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5215 Backbone Ridge Rd

Franklin, TN 37064
Asking Price
$2.98M
Asset Type
Residential Land
Class
Class B

What's Special

17-Acre Agrihood Estate Opportunity in Big East Fork <p><strong>17 Acres in Agrihood Community:</strong> Rare large-acreage offering within Big East Fork, a highly desirable conservation-focused development</p><p><strong>Protected Value:</strong> 20-year subdivision restriction preserves low density and long-term property value</p><p><strong>Supply-Constrained Market:</strong> Limited availability of acreage properties in Franklin with community infrastructure in place</p><p><strong>Lifestyle-Driven Demand:</strong> Increasing buyer interest in ag

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NOI
$80,000
Cap Rate
2.68%
DSCR
0.45
Underwater
Cash-on-Cash
-10.84%
Monthly Payment
$14,743.414
Annual Cash Flow
$-96,920.969

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