Franklin Mayor John Schroer attended the auction. Schroer’s company Southland Management & Development Company, owns most of the retail centers that line the opposite side of Carothers Parkway. Mayor John Schroer stayed the entire length of this Cool Springs real estate auction but did not appear to be bidding.
It has been approved for a 6,600 square foot building by the city of Franklin and the Jim Stevens Realty & Auction flyer claims a larger buildings can be built if you go back through approvals. Easier said than done.
Cool Springs Auction Part 2
The high bid for this Carothers Parkway outparcel was $610,000. The bid was not accepted and therefore the auction was declared a no sale for this prime real estate in Cool Springs. This is the first commercial property that I have seen Jim Stevens Realty & Auction attempt to sell in Cool Springs.