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    8.6Acs Councill Dr Franklin, VA 23851

    For Sale
    $499,900

    Land And Farms - Franklin, VA

    Lot size:
    8.65 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 8.6Acs Councill Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    M-1
    Exterior features
    Curbs, Drainage Gutters
    Lot size
    8.65 Acres

    Building Details

    Architectural style
    Other

    Century 21 Gold Market Realty, Inc. (757) 562-2295 [email protected]

    Listing agent Darren Stauffer (757) 562-2295

    Listing date Nov 18, 2025

    MLS# 10415140 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

    Franklin Commercial Land Opportunity

    This 8.648-acre wooded parcel is located adjacent to Walmart. It is zoned M-1, which allows for wholesale, retail, and service businesses. City utilities are available. The property fronts on Council Drive and is accessed via Armory Drive. The property is located within the Enterprise Zone, which offers economic incentives for new businesses. This location is suitable for various business ventures.
    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 - 8.65 acre commercial land parcel in Franklin, Virginia.
    Where is this land located?
    The property is located at 8.6Acs Councill Dr Franklin, VA.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Large 8.648 acre wooded parcel.; - Adjacent to Walmart.; - M-1 zoning allows for wholesale, retail, and service businesses.
    (757) 562-2295
    Request Owner's contact information
    8.6Acs Councill Dr 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
    8.6Acs Councill Dr Franklin, VA 23851
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