Property profile

1391 Armory Dr Franklin, VA 23851

OFF-MARKET
Commercial real estate
Property ID
US87-2168407
1,200 SF 0.51 ac lot Built 2003
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2003
Total area 1,200 SF
Lot 0.51 ac (22,433 SF)
Zoning code B3
APN 135 169 D2
UPID US87-2168407

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Telecommunications Service Data Center

Location

1391 Armory Dr Franklin, VA 23851-2419
Franklin metro Census 90100 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2026
2 recorded transactions
2026
$97,800
2021
Price N/A

Zoning & alternative use

B3 · Franklin, VA

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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