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Property profile & analytics
OFF-MARKET
Land

1511 Clay St Franklin, VA 23851

406 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 406-acre property presents a unique investment opportunity in Franklin, Virginia. Ideally situated with frontage on Clay Street and US 58 BUS, this expansive land parcel offers significant potential for residential development. The property comprises thirteen individual parcels spanning both the City of Franklin and Southampton County, providing flexibility for various development scenarios. Zoned for both residential (R-O) and agricultural (A-2) uses, this versatile land allows for a range of possibilities, from large-scale residential projects to agricultural ventures. While partial access to city water and sewer utilities is available within the City of Franklin limits, the specifics of utility availability should be independently verified. The asking price for this prime site is $6,000,000. Detailed parcel maps and zoning information are available upon request. This property's strategic location and substantial acreage make it an attractive proposition for developers and investors seeking a significant landholding in a desirable Virginia location. The property's size and zoning flexibility offer considerable upside potential for future development. Serious inquiries only.

Property profile
Verified
Property type Land
Lot 406 ac (17,685,360 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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