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0 South Street
Franklin, VA 23851

Land For Sale · 39.99 AC

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Investment Highlights

Right off of state route 58.
38 minutes for I-95/Emporia.

1 hour from the Norfolk Marine Terminal
Zoned B-3 which allows for commercial development.

Executive Summary

All three sites available for purchase.

PROPERTY FACTS

Sale Type	Investment or Owner User	Proposed Use	Industrial Carwash Industrial Park Self Storage Truck Terminal Warehouse
No. Lots	3	Total Lot Size	39.99 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Industrial

Sale Type	Investment or Owner User
No. Lots	3
Property Type	Land
Property Subtype	Industrial
Proposed Use	Industrial Carwash Industrial Park Self Storage Truck Terminal Warehouse
Total Lot Size	39.99 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

3 Lots Available

Lot

Price	$3,075,786 CAD	Lot Size	36.05 AC
Price Per AC	$85,320 CAD

Price	$3,075,786 CAD
Price Per AC	$85,320 CAD
Lot Size	36.05 AC

Site 1: 36.05± AC - $2,163,000 Site 2: 1.85± AC - $500,000 Site 3: 2.09± AC - $300,000

Lot

Price	$711,000 CAD	Lot Size	1.85 AC
Price Per AC	$384,324 CAD

Price	$711,000 CAD
Price Per AC	$384,324 CAD
Lot Size	1.85 AC

Lot

Price	$426,600 CAD	Lot Size	2.09 AC
Price Per AC	$204,115 CAD

Price	$426,600 CAD
Price Per AC	$204,115 CAD
Lot Size	2.09 AC

Description

1.85 - 39.99 acres available, all of which are zoned B-3, which allows for commercial development. Water and sewer utilities are located on the street. This is a level property with frontage on South Street, Highway 58, and ownership of Progress Parkway. These parcels are djacent to Loves Truck Stop right off of state route 58.

PROPERTY TAXES

Parcel Numbers	Multiple 153-235-4 153-235-3 153-235-2	Improvements Assessment	$0 CAD
Land Assessment	$2,136,922 CAD	Total Assessment	$2,136,922 CAD

PROPERTY TAXES

Parcel Numbers

Multiple

153-235-4
153-235-3
153-235-2

Land Assessment

$2,136,922 CAD

Improvements Assessment

$0 CAD

Total Assessment

$2,136,922 CAD

zoning

Zoning Code	B-3 (Medium density neighborhood business zoning.)
B-3 (Medium density neighborhood business zoning.)

Listing ID: 28251246
Date on Market: 2023-04-17
Last Updated:
Address: 0 South Street, Franklin, VA 23851

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