Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    9.2Acs Armory Dr Franklin, VA 23851

    For Sale
    $599,900

    Land And Farms - Franklin, VA

    Lot size:
    9.21 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 8 at 4:06 pm

    Property Features for 9.2Acs Armory Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    M-1
    Lot size
    9.21 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# 10415176 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 Land in Franklin, VA

    This 9.21-acre parcel is located within the City of Franklin and the Enterprise Zone. Zoned M-1, the property is adjacent to hotels, retail spaces, and dining establishments. The parcel fronts the heavily trafficked limited access US 58 and its interchange with Armory Drive. Access to the property is provided via a 60-foot easement from Armory Drive. City services are available. The location offers opportunities for various business plans and development projects.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

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

    Nearby Similar for Sale

    • $799,900
      9,821 SF

      Historical Building in Franklin, VA

      Distinctive historical building suitable for commercial, institutional, or community uses.
      101 N High St, Franklin, VA 23851
      View Details
    • $1,400,000
      98,280 SF

      Franklin VA Redevelopment Opportunity

      Almost 100,000 SF on 11 acres near Hwy 58.
      1333 Carrsville Hwy, Franklin, VA 23851
      View Details
    • $1,741,837
      3,336 SF

      Hardee's NNN Investment Opportunity

      NNN leased Hardee's with franchisee guarantee and percentage rent.
      105 N Mechanic St, Franklin, VA 23851
      View Details
    • $650,000
      1,824 SF

      Huddle House Restaurant For Sale

      Huddle House restaurant with 10-year lease in place.
      1547 Armory Dr, Franklin, VA 23851
      View Details
    • $175,000
      1,554 SF

      Franklin Duplex: Investment Opportunity

      Duplex with tenant-occupied and vacant units, great investment potential.
      205 Cobb St, Franklin, VA 23851
      View Details
    • $385,000
      5,600 SF

      Office Space with Wood Accents

      Office space featuring wood floors, trim, and conference room.
      33322 N Lynn Rd, Franklin, VA 23851
      View Details

    FAQs

    What type of property is this?
    Land - 9.21 acre commercial land parcel in Franklin, Virginia.
    Where is this land located?
    The property is located at 9.2Acs Armory Dr Franklin, VA.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: - Prime location within the City of Franklin and the Enterprise Zone.; - Zoned M-1, allowing for a variety of commercial uses.; - Adjacent to hotels, retail, and dining establishments.
    (757) 562-2295
    Request Owner's contact information
    9.2Acs Armory Dr Franklin, VA 23851
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9.2Acs Armory Dr
    Franklin, VA 23851
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    9.2Acs Armory Dr Franklin, VA 23851
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.