$441,100
$389,000
13.4%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/27/2021
Key Details
Sold Price $441,100
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2107845
Sold Date 05/27/21
HOA Y/N No
Annual Tax Amount $14,124
Tax Year 2020
Property Sub-Type Unimproved Land
Property Description
ONLINE BIDDING ENDS APRIL 27 at 11:30 am ET. List price based on BPO. Early offers presented. Great opportunity to join Love's Travel Stop and Bojangles at intersection of route 258 & 58 in Franklin, VA. Love's Travel Stop built in 2015 station is on the adjacent 23 acres
Currently 3 parcels fronting on Progress Rd (the newer access road) – 2 lots front on South St
- Love's paid $1.5 million for their parcel
- 3rd Parcel can be subdivided – City wants $26K proffer for street lights on new access road
- Plats and engineering done by B & B Consultants, Sam Carroll
- Property is already cleared
- B-3 zoned
- Utilities at the street
- Excellent Highway exposure
- Great location for self-storage, franchise restaurant, auto repair/car wash, retail -Located in Federal Opportunity Zone
- City of Franklin offers a number of incentives for businesses
- Located in a busy traffic corridor from the various Hampton Roads ports
Nearby businesses include: Walmart, McDonalds, Tractor Supply, Super 8, Quality Inn, Lowe's, KFC, Armory Plaza Shopping Center- Farm Fresh, Paul D. Camp Community College, churches, hospital, apartments, and railroad.
Location
State VA
County Franklin
Area 346 - Franklin County
Direction From Suffolk, VA take US-58 W/Holland Rd., take US-258 ramp to Franklin/Murfreesboro, turn right onto US-258 N/South St., property will be on the right.
Exterior
Utilities Available Natural Gas Available, Electricity Available
Building
Sewer Not Connected (nearby), Public Sewer
Water Not Connected (nearby), Public
Schools
Elementary Schools S P Morton
Middle Schools J P King
High Schools Franklin
Others
Tax ID 151-235-4, 151-235-2, 151-235-3
Ownership Corporate
Financing Cash
Special Listing Condition Corporate Listing
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Bought with Tranzon Fox Auctions
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