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Property profile

101 Main St Franklin, VA 23851

OFF-MARKET
Commercial real estate
Property ID
US87-2063514
5,028 SF 0.06 ac lot Built 1882
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property, located at 101 N Main Street in the heart of Franklin, Virginia, presents a fantastic opportunity for a savvy investor. Situated on a 0.05-acre lot, this building offers a turnkey business solution, currently housing a thriving salon/spa that has enjoyed long-term success. The building's prime location in the downtown area ensures high visibility and foot traffic, surrounded by a diverse mix of retail stores, restaurants, and professional services. Its…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$2k
Tax billed · 2019
Assessed value · 2023$143k
Assessed land$28k
Assessed improvement$115k
Effective rate1.14%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k

Realmo valuation models over county records and 9 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 comparables9

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?
B2A
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

101 Main St Franklin, VA 23851-1751
County assessor Recorded deeds · 1 transfer 9 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
1021 Armory, Franklin, VA 23851 $97,800 Jan 2026 5,760 SF
1280 Armory, Franklin, VA 23851-2416 $650,000 Jan 2026 6,080 SF
115 Boggart, Franklin, VA 23851-1616 $229,000 Jan 2025 3,750 SF
1418 Armory, Franklin, VA 23851-2451 $2,700,000 Aug 2023 3,596 SF
516 Main, Franklin, VA 23851-1438 $165,000 Mar 2023 4,005 SF
117 2nd, Franklin, VA 23851-1711 $300,000 Feb 2023 4,323 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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