M-1 Industrial
For Sale
$599,900
9.2acs Armory Drive, Franklin, VA 23851
Land and Farms, Franklin, VA
Property SizeContact for details
Lot Size9.21 Acres
Days on Market1730
Property Features for 9.2acs Armory Drive
General Information
Property type
Land
Property subtype
Other
Zoning
M-1
Subdivision
ALL OTHERS AREA 67
Elementary school
S.P. Morton Elementary
Middle school
Joseph P. King Jr. Middle
Standard status
Active
Lot size
9.21 Acres
Taxes and HOA fees
Tax Annual Amount
1572
Utilities
Water front features
Waterfront
Listing Agency:
CENTURY 21 Gold Market Realty · Century 21 Real Estate
Listed By:
Darren Stauffer · License #VA0225043776
(757) 562-2295
Added: Dec 13, 2021
Changed: Aug 19
Last Checked: Sep 8 at 10:06AM
MLS# 10415176
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.
Investment Insights
Based on property information with market context.
This 9.21-acre industrial land parcel is zoned M-1 and designated within an Enterprise Zone. The property includes waterfront features and offers a substantial land area for industrial development or other uses consistent with its zoning.
Access is provided through a 60-foot easement from Armory Drive. The parcel fronts limited-access US 58 at its interchange with Armory Drive and sits adjacent to hotels, retail, and dining. City services are available to the property.
Access is provided through a 60-foot easement from Armory Drive. The parcel fronts limited-access US 58 at its interchange with Armory Drive and sits adjacent to hotels, retail, and dining. City services are available to the property.
Key Highlights
- 9.21‑acre industrial land parcel
- M‑1 zoning within an Enterprise Zone
- Frontage on limited‑access US 58 at the Armory Drive interchange
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Explore this area
Business Placement
Demographics for 23851, VA
13,258
Population
6,063
Households
2.2
Avg Household Size
44
Median Age
25%
College-Educated
88%
High-School Grad
108.7 sq mi
ZIP Area
122
Density / Sq Mi
$73,333
Median Household Income
$42,841
Median Earnings
$1,006
Median Rent
$222,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial land - M-1-zoned land with Armory Drive access and city services available.
Where is this industrial land located?
The property is located at 9.2acs Armory Drive 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: 9.21‑acre industrial land parcel; M‑1 zoning within an Enterprise Zone; Frontage on limited‑access US 58 at the Armory Drive interchange
