Current Use by Public Records
- Land
Property Details for 1511 Clay St
- Lot size
- 406.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
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.
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
- -76.9615
- Latitude
- 36.6827
