Property profile

141 Commerce Park Rd Franklin, VA 23851

OFF-MARKET
Commercial real estate
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Property ID
US87-2086043
14,352 SF 1.64 ac Built 1988
Last sale Oct 2012·$535,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$4k
Tax billed · 2019
Assessed value · 2023$525k
Assessed land$180k
Assessed improvement$345k
Effective rate0.82%

Value estimate

· Nov 2026
$405k
$365k – $446k
Submarket $/SF estimate$829k

Realmo valuation models over county records and 4 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 comparables4

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?
M1
JurisdictionFRANKLIN CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.8
Parking Facility10.6
Electrical Service10.3

Location

141 Commerce Park Rd Franklin, VA 23851-2428
County assessor Recorded deeds · 1 transfer 4 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
1000 Armory, Franklin, VA 23851-1852 $750,000 May 2023 13,236 SF
507 Main, Franklin, VA 23851-1437 $105,216 Apr 2023 12,188 SF
1201 Armory, Franklin, VA 23851-2415 $8,825,000 Feb 2023 16,500 SF
1211 Armory, Franklin, VA 23851-2415 $8,825,000 Feb 2023 21,735 SF
1421 Armory, Franklin, VA 23851-2451 $700,000 Oct 2022 8,000 SF
101 Jackson, Franklin, VA 23851-1427 $275,000 Aug 2022 10,370 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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