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    175 Commerce Park Rd Franklin, VA 23851

    Sponsored
    For Sale
    Contact for pricing

    Spacious Unit, Ample Parking, Great Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 175 Commerce Park Road in Franklin, Virginia, presents a fantastic opportunity for a variety of businesses. Situated on a 1.2-acre lot, this versatile unit offers a substantial amount of open space, ideal for flexible layouts and diverse operational needs. The interior layout includes multiple offices and partitioned areas, providing ample space for both individual work and collaborative environments. A significant feature is the large storage room located at the rear of the building, offering considerable capacity for inventory, equipment, or archives. Convenient parking is available both at the front and rear of the building, ensuring easy access for employees, clients, and deliveries. The property's location just off the Armory Drive Corridor provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving area. The building's spacious design and versatile layout offer significant potential for customization and adaptation to suit a wide range of business operations. This is a rare opportunity to acquire a well-situated commercial property with significant potential for growth and success. The asking price is $1. Serious inquiries only.

    Property Features for 175 Commerce Park Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    52,272 SF

    Building Details

    Year Built
    2008
    Property Profile Location Intelligence

    Current Use by Public Records

    AeroCare Home Medical Medical Supply Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    FRANKLIN
    State
    Virginia
    Longitude
    -76.95035
    Latitude
    36.66739

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Unit, Ample Parking, Great Location
    Where is this commercial real estate located?
    The property is located at 175 Commerce Park Rd Franklin, VA.
    What is the asking price?
    The asking price for this property is $1.00.
    (757) 242-4722
    Request Owner's contact information
    175 Commerce Park Rd 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
    175 Commerce Park Rd Franklin, VA 23851
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