Comm Dev Parcels 40+/- ac at Love’s Gas/Travel Stop Franklin, VA

Great opportunity to join Love’s Trucking company 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 with new access road – 2 lots front on South St

Love’s paid $1.5 million for their parcel (see tax record in Property Information Package)

Amazon recently announced Suffolk distribution center, just 33 miles from this property. It will bring 1,500 jobs to the region.

• 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
• Located in state and local Enterprise Zone - download the PIP for more information
• City of Franklin offers a number of incentives for businesses
• 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


Please be sure to download the Property Information Package by clicking on the words under “Documents to Download.” By downloading this package you will alert Tranzon Fox to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction.

VAAF423

Directions:

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.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Linda Terry

Linda Terry: Tranzon Fox

804-354-9090 lterry@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

• Buyer's Premium: 10% Buyers Premium based on the high bid.
• Closing: 30-Day closing, sold in As-Is condition, no contingencies.
• Deposit Amount: 10% deposit due within 2 business days of being notified that you are the successful high bidder.
• Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
• Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
• Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.