Financial
Distress signals
Property profile

109 College Dr Franklin, VA 23851

OFF-MARKET
Other commercial real estate
Property ID
US87-2047347
9,100 SF 0.88 ac lot Built 1998
Last sale Nov 2024 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Freestanding single-tenant commercial property configured as an NNN (net lease) asset, previously occupied by The Sherwin-Williams Company under a corporate-backed lease structure with multiple remaining term periods and extension options that included scheduled rental increases at the start of option periods and limited ongoing landlord obligations typical of net-leased arrangements. The site is located near the signalized intersection of S. College Drive and Armory Drive, providing direct

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?
$6k
Tax billed · 2019
Assessed value · 2023$680k
Assessed land$212k
Assessed improvement$468k
Effective rate0.92%

Value estimate

· Sep 2026
$700k
$630k – $770k
AI approach$700k
Sales comparison$938k

Realmo valuation models over county records.

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

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?
B3
JurisdictionFRANKLIN CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.8
HVAC Service9.8
Electrical Service9.2

Location

109 College Dr Franklin, VA 23851-2425
County assessor Recorded deeds · 5 transfers Comp sales · not on file 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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