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

    1547 Armory Dr Franklin, VA 23851

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $650,000

    Huddle House restaurant with 10-year lease in place.

    Property size:
    1,824 SF
    Lot size:
    0.29 Acres

    Property Features for 1547 Armory Dr

    General Information

    Size
    1,824 SF
    Lot size
    0.29 Acres

    Source: Commonwealth Commercial Agent Jim Mcvey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Huddle House Restaurant For Sale

    This property features an 18,730± square foot Huddle House restaurant. The property has a remaining 10-year lease term with three (3) five (5) year renewal options. The restaurant faces Armory Drive, which sees approximately 13,600 cars daily. There is abundant parking with 35 spaces in a recently resurfaced lot. The property is located directly off Southampton Parkway. Nearby national retailers include Walmart, Tractor Supply, and Anytime Fitness.
    Insight Report Location Intelligence

    Current Use by Public Records

    Breakfast & diners

    Suggested Use

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

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

    Similar Places Nearby

    Fred's Restaurant, Townhouse Inn Former Site

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Franklin City
    State
    Virginia
    Longitude
    -76.9545461
    Latitude
    36.6669538

    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
    • $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
    • $890,000
      12,543 SF

      Franklin Warehouse For Sale

      12,543 SF warehouse/industrial property in Franklin, VA.
      141 Commerce Park Rd, Franklin, VA 23851
      View Details

    FAQs

    What type of property is this?
    Breakfast & diner - Huddle House restaurant with 10-year lease in place.
    Where is this breakfast & diner located?
    The property is located at 1547 Armory Dr Franklin, VA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - 10-Year Lease Term Remaining; - 18,730± SF Huddle House; - Located Directly off Southampton Parkway
    (804) 346-4966
    Request Owner's contact information
    1547 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.
    1547 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
    1547 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.