Specialty Medical Office
1301 Armory Drive, Franklin, VA 23851
For Sale
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A single-story medical office asset combines an occupied suite with additional space available for occupancy.
Property Size10,010 SF
Lot Size2.71 Acres
Price / SF$164.84
Days on Market8
Property Features for 1301 Armory Drive
General Information
Standard status
Size
Net Rentable
Total Parking Spaces
Lot size
Property subtype
Zoning
Additional Details
Asking Price
Office Units
Tenant in Place
Property Use
Medical Specialty
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Harvey Lindsay Commercial Real Estate
Listed By:
Peter Abraham · License VA #0225113309
(757) 640-8226
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 5:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Harvey Lindsay Commercial Real Estate
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Investment Insights
Based on property information with market context.
This single-story medical office building contains 10,010 SF, including 9,540 net rentable SF, on 2.713 acres across two tax parcels. Built in 1997 and zoned B-3, it has 54 parking spaces. One suite of approximately 4,515 net rentable SF is leased to Franklin Virginia Dental through June 19, 2027, with one five-year renewal option. A separate 5,025 net rentable SF suite is vacant.
Key Highlights
- 10,010 SF building with 9,540 net rentable SF
- 2.713 acres spanning 2 tax parcels
- Built in 1997; zoned B‑3
Property Analytics
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Specialty property - A single-story medical office asset combines an occupied suite with additional space available for occupancy.
Where is this specialty property located?
The property is located at 1301 Armory Drive Franklin, VA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 10,010 SF building with 9,540 net rentable SF; 2.713 acres spanning 2 tax parcels; Built in 1997; zoned B‑3
