If you regularly commute along Columbia Avenue, south of Franklin, you’ve probably noticed the Magli Realty signs advertising land for sale, on the west side of the road between Moody Tires and Rolling Hills Community Church. Recently, the signs donned a sold sticker.
Among other commercial projects, a Taco Bell may be built on the site. Other land was bought by a self-storage company and a corporation registered as Franklin 240 LLC, according to property records and state incorporation documents.
The 27.39-acre property, which can be accessed via Werthan Circle, splits into nine smaller several-acre lots around Werthan Circle, and two larger tracts immediately to the south marked for future development. LV Development LLC, of whom Tom Magli of Magli Realty was a part, owned the property.
Zoned light industrial, it will be called Longview Commercial Park, according to county records. There is also an adjacent 7.01 acre property adjacent to it, that fronts Columbia Avenue, that was sold. It used to be owned by the Davis Family Trust before LV Development acquired it.
In March, a corporation named CHVC6 LLC paid $1 million for two lots, numbers 14 and 23 at 1.48 and .79 acres respectively, that front Columbia Avenue.
The city of Franklin confirmed on Thursday that CHVC6 submitted plans for building a restaurant on the land it owns, which would be addressed 1710 Columbia Avenue.
“We have a site plan currently being reviewed for a Taco Bell at that site,” Milissa Reierson, City of Franklin spokesperson, said.
Incorporation documents for CHVC6 lead to the names Farzin Ferdowsi, Homayoun Aminmadani and Michael Shahsavari. According to LinkedIn, the three Williamson County developers own and operate 80 Taco Bell franchises in the southeast. They could not be reached for comment.
On the 3.32-acre lot 10, with an address of 108 Werthan Circle, J. Williams is currently constructing Franklin Columbia Avenue Self-Storage. It will sit on 3.32 acres.
A corporation named Franklin 240 LLC bought three of the lots, Nos. 9, 21 and 22 at 3.17, 2.09 and 2.45 acres respectively, in March for $2.5 million. Franklin 240 LLC has not submitted any plans for the property, or entered into any pre-submittal talks with the city of Franklin’s Planning Department or its City and Neighborhood Services Department, say department officials.
Franklin 240 LLC also bought the 7.01 acre lot, at the south end of the property, for $2.6 million in March.
Tom Magli, of Magli Realty, would not comment on the properties other than to confirm their sale, and that they closed. He did, however, offer that they would be commercial developments.
[scroller style=”sc1″ title=”More News” title_size=”17″ number_of_posts=”4″ speed=”300″]