Current Use by Public Records
- Industrial properties
Property Details for 221 Progress Pkwy
- Year built
- 1998
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
Description
This exceptional industrial property, located at 221 Progress Parkway in Franklin, Virginia, offers a substantial 138,800 square feet of manufacturing and distribution space. Situated on a generous 14.64-acre lot in Southampton County, this two-story building boasts a blend of established and newer construction. The original 58,000 square foot structure was built in 1998, complemented by an 80,000 square foot addition completed in 2008. A significant feature is the 25,000 square feet of currently available space, ideal for expansion or a new tenant. The property includes a 3,800 square foot, two-story office area, providing ample administrative space. The high ceilings, measuring 26 feet, offer excellent vertical clearance for various industrial uses. The facility is well-equipped with 13 loading docks and 2 dock-high doors, ensuring efficient loading and unloading operations. Robust power is provided by a 3,000 amp, 3-phase, 4-wire system. The property's location in Franklin, Virginia (zip code 23851), offers convenient access to transportation networks and a skilled workforce. This is a rare opportunity to acquire a well-maintained, versatile industrial property with significant expansion potential. The property's combination of size, features, and location makes it an attractive investment for businesses seeking a strategic foothold in the region.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- Southampton
- State
- Virginia
- Longitude
- -76.9258
- Latitude
- 36.657
