Franklin, VA Land For
For Sale
$499,900
8.2acs General Thomas Highway, Franklin, VA 23851
LAND - Franklin, VA
Property SizeContact for details
Lot Size8.29 Acres
Days on Market1696
Property Features for 8.2acs General Thomas Highway
General Information
Property type
Land
Property subtype
Other
Zoning
A-1
Subdivision
ALL OTHERS AREA 68
Elementary school
Riverdale Elementary
Middle school
Southampton Middle
Standard status
Active
Lot size
8.29 Acres
Taxes and HOA fees
Tax Annual Amount
3043
Utilities
Water front features
Waterfront
Listing Agency:
CENTURY 21 Gold Market Realty · Century 21 Real Estate
(757) 562-2295
Listed By:
Darren Stauffer · License #VA0225043776
(757) 562-2295
Added: Dec 13, 2021
Changed: May 1
Last Checked: Aug 5 at 8:06PM
MLS# 10415196
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Investment Insights
Based on property information with market context.
This highly visible, level parcel is located at the intersection of US 58 and General Thomas Highway. The north side of the 8.29-acre parcel is bounded by the east bound off ramp with a signalized stop. Water is available on site. It is the last undeveloped parcel at this interchange. The property is currently zoned agriculture and is in the Enterprise Zone, which offers incentives for commercial or business development. It is close to dining, retail, hotels and gas stations. The property has easy access to US 58 and direct access to the City of Franklin. This parcel is suitable for business development or for holding for future development.
Key Highlights
- Last undeveloped parcel at a busy interchange of US 58 and General Thomas Highway.
- Highly visible, level parcel with easy on/off access to US 58 and direct access to the City of Franklin.
- Located in an Enterprise Zone offering incentives for commercial/business development.
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Highly visible 8.29 acre parcel at a busy intersection.
Where is this commercial land located?
The property is located at 8.2acs General Thomas Highway 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: Last undeveloped parcel at a busy interchange of US 58 and General Thomas Highway.; Highly visible, level parcel with easy on/off access to US 58 and direct access to the City of Franklin.; Located in an Enterprise Zone offering incentives for commercial/business development.
