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    59 Ac Carrsville Hwy Franklin, VA 23851

    Sponsored
    For Sale
    $1,180,000

    Purchase,Commercial/Industrial - Franklin, VA

    Lot size:
    59.66 Acres
    Days on Market:
    16
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 59 Ac Carrsville Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RAC
    Lot size
    59.66 Acres

    Building Details

    Architectural style
    Other

    Country to Coast Real Estate LLC (757) 704-4472 [email protected]

    Listing agent Kimberly Edwards (757) 704-4472

    Listing date Dec 22, 2025

    MLS# 10614020 Listing URL

    Copyright © 2026 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

    Development Opportunity in Isle of Wight

    This offering presents a development opportunity consisting of two parcels totaling approximately 59.66 acres in Isle of Wight County. The parcels are currently zoned Agricultural. County planning staff has indicated that Parcel 69-01-040, which consists of approximately 27.74 acres, may be considered for Commercial zoning with applicable county incentives, pending rezoning and site plan approval. Parcel 69-01-016, which consists of approximately 34.92 acres, may be considered for Mixed Use zoning, subject to rezoning approval. The county has confirmed access to public water and sewer for both parcels. The site allows for a coordinated development approach that may include commercial, employment, and mixed-use concepts, subject to all required approvals. Prospective buyers are expected to conduct their due diligence regarding zoning, utilities, environmental conditions, and development feasibility.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Franklin
    County
    Franklin City
    State
    Virginia
    Longitude
    -76.9426
    Latitude
    36.6905

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    FAQs

    What type of property is this?
    Land - Two parcels totaling 59.66 acres available for development.
    Where is this land located?
    The property is located at 59 Ac Carrsville Hwy Franklin, VA.
    What is the asking price?
    The asking price for this property is $1,180,000.
    What are key features of this property?
    This property features: - Rare two-parcel development opportunity.; - Two parcels totaling approximately 59.66 acres in Isle of Wight County.; - County planning staff indicates potential for Commercial zoning (27.74 acres) with incentives, subject to rezoning and approval.
    (757) 630-8462
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    59 Ac Carrsville Hwy 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
    59 Ac Carrsville Hwy Franklin, VA 23851
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