Financial
Distress signals
Property profile

114 2nd Ave Franklin, VA 23851

OFF-MARKET
Commercial real estate
Property ID
US87-1761423
1,248 SF 0.05 ac lot Built 1930
Last sale Mar 2024 · $135,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$1k
Tax billed · 2019
Assessed value · 2023$98k
Assessed land$24k
Assessed improvement$74k
Effective rate1.20%

Value estimate

· Sep 2026
$135k
$122k – $149k
AI approach$135k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$44 – $201
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2
JurisdictionFRANKLIN CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant14.9
Wholesale Shop14.1
Dental Office13.9

Location

114 2nd Ave Franklin, VA 23851-1712
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
700 Ss, Franklin, VA 23851-1949 $775,000 May 2025 1,925 SF
1408 Ss, Franklin, VA 23851-2142 $716,000 Aug 2024 1,497 SF
100 Gardner, Franklin, VA 23851-1400 $225,000 Nov 2022 1,440 SF
1130 Armory, Franklin, VA 23851-2462 $220,000 Nov 2022 2,220 SF
1663 Armory, Franklin, VA 23851-2453 $2,340,000 Oct 2022 2,722 SF
107 Main, Franklin, VA 23851-1751 $65,000 Sep 2022 990 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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