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Franklin, VA Land Opportunity
For Sale
$599,900

9.2acs Armory Drive, Franklin, VA 23851

LAND - Franklin, VA

Property SizeContact for details
Lot Size9.21 Acres
Days on Market1696

Property Features for 9.2acs Armory 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 9.21 Acres

Taxes and HOA fees

Tax Annual Amount 1572

Utilities

Water front features Waterfront
Listing Agency: CENTURY 21 Gold Market Realty · Century 21 Real Estate
Listed By: Darren Stauffer · License #VA0225043776
Added: Dec 13, 2021 Changed: May 1 Last Checked: Aug 5 at 6:06PM
MLS# 10415176

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Investment Insights

Based on property information with market context.

This 9.21-acre parcel is located within the City of Franklin and the Enterprise Zone. Currently zoned M-1, the property is adjacent to hotels, retail establishments, and dining options. It fronts the heavily trafficked limited access US 58 and its interchange with Armory Drive. Access to the parcel is provided via a 60-foot easement from Armory Drive. City services are available, making this location suitable for a variety of business plans.

Key Highlights

  • Prime location within the City of Franklin and the Enterprise Zone
  • Zoned M‑1, suitable for various business purposes
  • Adjacent to hotels, retail, and dining establishments

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

180
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime commercial land in Franklin's Enterprise Zone.
Where is this commercial land located?
The property is located at 9.2acs Armory Drive Franklin, VA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Prime location within the City of Franklin and the Enterprise Zone; Zoned M‑1, suitable for various business purposes; Adjacent to hotels, retail, and dining establishments
More about this property
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