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8.2acs General Thomas Highway, Franklin, VA 23851

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For Sale

$499,900

8.29 acres

Estimated Payment

$ 2,821 /mo. †

6.65% APR for 30 yrs.
$3,043 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 8.3 acres
    Lot size

Explore this Property

Opportunities abound for this highly visible level parcel located at the intersection of busy US 58 and General Thomas Highway. Easy on and off US 58 or direct access to City of Franklin. North side is bounded by the east bound off ramp with a signalized stop. Water is available on site. This is the last undeveloped parcel at this interchange. Currently zoned agriculture and is in the Enterprise Zone that offers many incentives for commercial/business development. Close to many other businesses such as dining, retail, hotels and gas stations. Bring your business today or buy and hold this parcel for future development.
MLS# 10415196

Courtesy Of Century 21 Gold Market Realty, Inc.

(757) 562-2295

Property Features

  • Architecture Style
    Other
  • Lot Size
    8.29 Acres

Map and Directions

Directions to 8.2acs General Thomas Highway, Franklin, VA 23851

Home seller CENTURY 21 Nachman Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Nachman Realty

(757) 638-5700
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $2,567
  • Property Taxes
    $253
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,821

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Riverdale Elementary School

Grades PK-5 Public School

Courtland, VA 23837 2.1 miles
31023 camp pkwy

498 total students
14:1 Student teacher ratio

School Rating: C

School Details

Southampton Middle School

Grades 6-8 Public School

Courtland, VA 23837 8.2 miles
23450 southampton pkwy

653 total students
16:1 Student teacher ratio

School Rating: D+

School Details

Southampton High School

Grades 9-12 Public School

Courtland, VA 23837 8.3 miles
23350 southampton pkwy

760 total students
16:1 Student teacher ratio

School Rating: D+

School Details
Other Nearby Schools Distance Type Grades School Rating
Franklin High School 2 miles Public 9-12 D
S.p. Morton Elementary School 2.1 miles Public PK-5 F
Joseph P. King Jr. Middle School 2.1 miles Public 6-8 C-
Rock Church School 2.6 miles Private PK-12
Fresh Start Center 2.7 miles Public UG

Franklin High School

Distance: 2 miles

Type Public

Grades: 9-12

D

S.p. Morton Elementary School

Distance: 2.1 miles

Type Public

Grades: PK-5

F

Joseph P. King Jr. Middle School

Distance: 2.1 miles

Type Public

Grades: 6-8

C-

Rock Church School

Distance: 2.6 miles

Type Private

Grades: PK-12

Fresh Start Center

Distance: 2.7 miles

Type Public

Grades: UG

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Franklin, VA 23851

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Franklin, VA 23851

This community’s employment is highest in the sales and administrative support industries. The area’s overall household expenses are below the national average.

90° July
Hottest Average Month
29° January
Coldest Average Month
5,382 Total Households in Area
1.2% Increase in population since the year 2010
30.3%
of households
have children
29 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Franklin, VA 23851

Franklin, VA 23851 has a population of 13,003 people in 5,382 households with a median age of 44 years old.

1.2%
Increase in population
since the year 2010
Population is Trending up
5,353
Total households as of 2010
1.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 44 years old. The smallest percentage group is 65-74 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 49%
White 45%
Hispanic 2%
Asian <1%
Other <1%
Native American <1%
The most prevalent ethnicity is Black at 49%, followed by White at 45%, Hispanic at 2%, and Asian at <1%.

Economics
for Franklin, VA 23851

114 /sq mi
Population Density
$60,710 /yr
Median Household Income
$205,000
Median Sales Price
29 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 17.45% of the households.

Transportation to Work

  • Drive 89%
  • Walk or Bike 6%
  • Work from Home 3%
  • Public Transit 1%

Occupancy by Type

Owned 3,316 54%
Rented 2,066 34%
Vacant 718 12%

White vs Blue Collar Jobs







White Collar 60%
Blue Collar 40%

Family & Education Facts
for Franklin, VA 23851

44 Median Age

Average Household Size

2.4
persons per
household

41.4%

Married Households

Community Population By Education

High School Graduate 32%
Some College 25%
Some High School 15%
Bachelors Degree 12%
Associates Degree 8%
Graduate Degree 8%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 32.36% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.3% of households have children

Weather
for Franklin, VA 23851

The weather for this area ranges from a high of 90° F in July to a low of 29° F in January

90° July
Hottest Average Month
29° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
29°
50°
Feb
30°
53°
Mar
37°
61°
Apr
45°
72°
May
54°
79°
Jun
63°
86°
Jul
67°
90°
Aug
66°
88°
Sep
59°
83°
Oct
47°
73°
Nov
38°
63°
Dec
31°
53°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Franklin, VA 23851!
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Copyright © 2025 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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