Financial
Distress signals
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
Last sale Oct 2024
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 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?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$2k
Tax billed · 2019
Assessed value · 2023$143k
Assessed land$28k
Assessed improvement$115k
Effective rate1.14%

Value estimate

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

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?
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 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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