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    1101 Armory Dr Franklin, VA 23851

    For Sale
    $770,000

    Purchase,Commercial/Industrial - Franklin, VA

    Lot size:
    16.75 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 1101 Armory Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2
    Lot size
    16.75 Acres

    Building Details

    Architectural style
    Other

    Chorey and Associates Realty, Ltd. (757) 539-7451 [email protected]

    Listing agent William Chorey (757) 539-7451

    Listing date Nov 26, 2025

    MLS# 10611558 Listing URL

    Copyright © 2025 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This is a 16.75-acre commercial property zoned B-2 (General Business) in Franklin, Virginia. It features approximately 700 feet of frontage on a busy commercial corridor, with additional frontage on South College Drive. The property has development potential and is located approximately one mile from the Route 58 By-pass, near schools, shopping centers, and residential neighborhoods. It is suitable for a hotel, large retail establishment, and other uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Savage Patch Farms Shed Builder U-Haul Neighborhood Dealer Truck Rental Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Franklin City
    State
    Virginia
    Longitude
    -76.940583
    Latitude
    36.672023

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    FAQs

    What type of property is this?
    Commercial land - 16.75 acres of B-2 zoned land in Franklin, VA.
    Where is this commercial land located?
    The property is located at 1101 Armory Dr Franklin, VA.
    What is the asking price?
    The asking price for this property is $770,000.
    What are key features of this property?
    This property features: - Prime 16.75 acres zoned B-2 (General Business) offering unlimited development potential.; - Approximately 700 front feet on a busy commercial corridor in Franklin.; - Additional frontage on South College Drive.
    (757) 539-7451
    Request Owner's contact information
    1101 Armory Dr Franklin, VA 23851
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    Franklin, VA 23851
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1101 Armory Dr Franklin, VA 23851
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