Financial
Distress signals
Property profile

1333 Carrsville Hwy Franklin, VA 23851

FOR SALE
Other commercial real estate
Property ID
US87-1673164
4,404 SF 10.96 ac lot Built 1972
Entity Owned Owner of record is a legal entity (LLC / corporation). 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

The property is a commercial land site totaling approximately 11 acres, with an indicated property size of 98,280 square feet. The site is designated with NEC zoning and is associated with development dating to 1972. Located at 1333 Carrsville Highway in Franklin, the property is near Highway 58, local plant facilities, and the Centerpoint industrial complex, placing it within an established industrial area for purposes of redevelopment evaluation or continued commercial use.

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 · 2024

What does the county charge?
$655k
Tax billed · 2024
Assessed value$897k
Assessed land$329k
Assessed improvement$568k
Effective rate73.00%

Value estimate

· Sep 2026
$590k
$531k – $649k
Submarket $/SF estimate$561k

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?
1
JurisdictionISLE OF WIGHT

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.3
Convenience Store8.5
HVAC Service8.2

Location

1333 Carrsville Hwy Franklin, VA 23851
County assessor Recorded deeds · not on file Qualifying 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 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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