Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    401 Beaman St Franklin, VA 23851-1349

    • Investment properties
    • 3,888 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US87-2138086
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 401 Beaman St

    Year built
    1991
    Construction
    FRAME
    Lot size
    0.28 lot acres
    Property size
    3,888 SF
    Zone code
    R2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    105 179 3
    APU
    1051793

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $265,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $225,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $230,000
      Retail
      $205,000
      Mixed-Use
      $215,000
      Hospitality
      $190,000
      Educational
      $245,000
      Residential Income
      $235,000
      Energy
      $200,000
      Income-Based Land
      $215,000
      Food Service
      $190,000

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Franklin City
    State
    Virginia
    Longitude
    -76.9326
    Latitude
    36.6814
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $1,663
    $29,800
    $143,400
    $173,200
    -
    $29,800
    $143,400
    $173,200

    Comparable in this City

    • Value Estimation by Request
      11,908 SF

      900 Armory Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 11,908 SF
      900 Armory Dr, Franklin, VA 23851-1854
      View Details
    • Value Estimation by Request
      2,784 SF

      1906 Harris St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,784 SF
      1906 Harris St, Franklin, VA 23851-2642
      View Details
    • Value Estimation by Request
      1,000 SF

      26462 Howells Cor

      OFFICE/RESIDENTIAL (MIXED USE) • 1,000 SF
      26462 Howells Cor, Franklin, VA 23851-5108
      View Details
    • Value Estimation by Request
      5,678 SF

      500 2nd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,678 SF
      500 2nd Ave, Franklin, VA 23851-1902
      View Details
    • Value Estimation by Request
      3,523 SF

      803 Fontaine St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,523 SF
      803 Fontaine St, Franklin, VA 23851-1473
      View Details
    • Value Estimation
      $985,000
      8,925 SF

      30493 General Thomas Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 8,925 SF
      30493 General Thomas Hwy, Franklin, VA 23851-5025
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.17 Acres

      Franklin, VA Commercial Land Parcel

      1.17-Acre Commercial Lot, High Traffic
      1240 Armory Dr, Franklin, VA 23851
      View Details
    • Contact for pricing

      1.17 Acre Pad Site

      1.17 acre pad site available on Armory Drive.
      1240 Armory Dr, Franklin, VA 23851
      View Details
    • $499,900
      8.65 Acres

      Franklin Commercial Land Opportunity

      8.65 acre commercial land parcel in Franklin, Virginia.
      8.6Acs Councill Dr, Franklin, VA 23851
      View Details
    • $175,000
      1,554 SF

      Franklin Duplex: Investment Opportunity

      Duplex with tenant-occupied and vacant units, great investment potential.
      205 Cobb St, Franklin, VA 23851
      View Details
    • $169,000
      0.99 Acres

      Commercial Land in Franklin, VA

      Prime commercial land in the heart of Franklin, zoned B3.
      .99Ac Bailey & Stewart Dr, Franklin, VA 23851
      View Details
    • $770,000
      16.75 Acres

      Prime Commercial Land Opportunity

      16.75 acres of B-2 zoned land in Franklin, VA.
      1101 Armory Dr, Franklin, VA 23851
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      197,572 SF

      Franklin Commons Retail Space

      Virginia Shopping Center - Spaces Available
      112 Council Dr, Franklin, VA 23851
      View Details
    • $7 SF/Yr
      138,800 SF

      Franklin, VA Industrial Facility

      138,800 SF Manufacturing/Distribution Space
      221 Progress Pkwy, Franklin, VA 23851
      View Details
    • $1.00 SF/Yr
      2,063 SF

      Spacious Unit in Franklin, VA

      Commercial/Industrial space with open layout, offices, and storage.
      175 Commerce Park Rd, Franklin, VA 23851
      View Details
    • $12 SF/Yr
      3,440 SF

      Downtown Franklin Versatile Office Building

      Versatile office building in downtown Franklin with flexible space options.
      223 N Main St, Franklin, VA 23851
      View Details
    • $7 SF/Yr
      1,600 SF

      Downtown Franklin Retail Storefront Opportunity

      Retail storefront in vibrant downtown Franklin, near parking and events.
      103 N Main St, Franklin, VA 23851
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    401 Beaman St
    Franklin, VA 23851-1349
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.