Flex Space Redevelopment
For Sale
$1,400,000
1333 Carrsville Highway, Franklin, VA 23851
COMMERCIAL - Franklin, VA
Property Size98,280 SF
Lot Size11.00 Acres
Price / SF$14.25
Days on Market331
Property Features for 1333 Carrsville Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
NEC
Subdivision
ALL OTHERS AREA 67
Standard status
Active
Size
98,280 SF
Lot size
11.00 Acres
Taxes and HOA fees
Tax Annual Amount
6545
Building Details
Year built
1972
Listing Agency:
EXIT Realty Central
(757) 466-1009
Listed By:
Timothy Churchwell
(757) 466-1009
Added: Sep 15, 2025
Changed: Aug 4
Last Checked: Aug 11 at 9:06PM
MLS# 10601992
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Investment Insights
Based on property information with market context.
Flex space redevelopment opportunity totaling 98,280 square feet on an 11-acre site in Franklin, Virginia. The property was built in 1972 and is positioned for adaptive reuse as multifamily, flex space, or storage, subject to applicable approvals.
The site is located near Hwy 58, Franklin plants, and the Centerpoint industrial complex, supporting a range of light industrial and flex-oriented uses. Zoning is NEC.
For buyers and tenants evaluating conversion or redevelopment potential, this large-format site offers substantial existing square footage on a consolidated acreage parcel within an industrial corridor context.
The site is located near Hwy 58, Franklin plants, and the Centerpoint industrial complex, supporting a range of light industrial and flex-oriented uses. Zoning is NEC.
For buyers and tenants evaluating conversion or redevelopment potential, this large-format site offers substantial existing square footage on a consolidated acreage parcel within an industrial corridor context.
Key Highlights
- 98,280 SF flex space redevelopment site
- 11 acres
- Zoned NEC
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Balanced
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Flex space - Redevelopment flex space on 11 acres zoned NEC, near Hwy 58 in Franklin, VA.
Where is this flex space located?
The property is located at 1333 Carrsville Highway Franklin, VA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 98,280 SF flex space redevelopment site; 11 acres; Zoned NEC
