Industrial Land with City
For Sale
$499,900
8.6acs Councill Drive, Franklin, VA 23851
Land and Farms, Franklin, VA
Property SizeContact for details
Lot Size8.65 Acres
Days on Market1767
Property Features for 8.6acs Councill 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
8.65 Acres
Taxes and HOA fees
Tax Annual Amount
2435
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: Oct 2
Last Checked: Oct 15 at 6:06AM
MLS# 10415140
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 wooded industrial parcel comprises 8.648 acres and carries M-1 zoning. City utilities are available, and the zoning permits wholesale, retail, and service businesses.
The property fronts on Council Drive, with access via Armory Drive. It is adjacent to Walmart and lies within the Enterprise Zone, which offers economic incentives for new businesses.
The property fronts on Council Drive, with access via Armory Drive. It is adjacent to Walmart and lies within the Enterprise Zone, which offers economic incentives for new businesses.
Key Highlights
- 8.648‑acre wooded parcel
- M‑1 zoning allows wholesale, retail, and service businesses
- City utilities are available
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 zoning and access from Council Drive support a range of commercial business uses.
Where is this industrial land located?
The property is located at 8.6acs Councill Drive Franklin, VA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 8.648‑acre wooded parcel; M‑1 zoning allows wholesale, retail, and service businesses; City utilities are available
