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Absolute Auction of ±40 Acres at Busy Intersection

Three contiguous parcels at the intersection of Rte 58 and Rte 258 to be auctioned by Tranzon Fox on 21 May at 3PM-no minimum, no reserve.

Franklin, VA, May 13, 2015 --( Outstanding opportunity to develop three parcels zoned B-3 at a busy intersection in the City of Franklin, VA. Two lots front on Rte 258, and the other has extensive frontage on Rte 58. The parcels will be offered individually, in combination or the entirety, as bidders wish.

The largest of the parcels can be subdivided. 2013 traffic counts at the intersection averaged 27,000/day. The property has been cleared, and utilities are available at the street. Nearby businesses include: Lowe’s, KFC, new Armory Station Shopping Center with Wendy’s and Farm Fresh. A community college is close by, as are a regional hospital and railroad.

Drive by anytime to see the property. The auction will be held at the Franklin Quality Inn, located at 1620 Armory Drive, Franklin VA. Bidding will be live, via phone, and via online simulcast.

The City of Franklin is 'business friendly' with a number of incentives for businesses moving into the area or expanding their existing operations.

Contact: Linda Terry, AARE, CAI, GRI, Tranzon Fox, 804-354-9090

Tranzon Fox is a member company of Tranzon, LLC. Tranzon is one of the largest real estate auction companies in the country, with over 30 offices coast-to-coast. Tranzon’s accomplished auction professionals are widely recognized as leaders in the auction industry. All Tranzon companies are independently owned and operated.
Contact Information
Tranzon Fox
Laurie Crammond

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