Rare 1.02-acre tract inside the Franklin city limits is prime for development w/ immediate access to CITY WATER AND SEWER available + high speed internet! Finding a full acre in town is an absolute rarity. This lot is lays great, & recently cleared, making building a breeze w/ no steep mountain terrain to worry about. Tucked away via an access easement rather than sitting on a busy road, it offers excellent privacy while keeping you moments from downtown. A beautiful stream borders one end of the acreage, & the land is entirely outside the flood plain. With no strict restrictions outside or zoning for R2, which makes the possibilities here endless. The tract is easily subdividable, making it a perfect setup for multi-family income. You could subdivide it 3 ways to build 3 duplexes, construct an apartment building to capitalize on high rental demand, or build a spacious private residence w/ a massive yard. Mobile homes are allowed as well. Land with this size, flat & cleared topography, & city utilities does not last long on the market. Close to shopping & restaurants too. Better move fast, bring your builder & your vision to check out this premier city lot before it sells!