240 S Main St, Franklin, VA 23851 Property Records

Franklin City property record for 240 S Main St, Franklin, VA 23851 · Last verified May 2026

Property Summary

Property Type	Warehouse, Storage
Details	934 sqft · built 1940
Lot Size	0.166 acres (7,231 sqft)
Owner	Company Name on File
Tax Bill	$1,361 (2025)
Deeds & Mortgages	Mar 2017 Mortgage
APN	`123 07223 2,3`

Property Details

APN / Parcel Number

Primary APN	`123 07223 2,3`
Alternative APN	`179`

Interior

Stories	1 Story
Building Area	934 sqft Gross Area
Flooring	Concrete/Cement
Interior Walls	Paneling

Exterior

Year Built	Built 1940
Effective Year Built	Effective 1974
Exterior Material	Brick
Roof Type	Flat
Roof Material	Metal
Lot Area	7,231 sqft (0.166 acres)
Lot Dimensions	50 ft deep x 145 ft wide
Garage Type	Detached
Garage Area	1,728 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	None
Heating System	Space Heater
Heating Fuel	Oil
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Account Number	179
Street Address	240 S MAIN ST
City	FRANKLIN
State	VA
Zip	23851-1608
Property Category	Industrial
Property Type	Industrial > Warehouse, Storage
Legal Description	1 LOT MAIN ST 123-(072)-BLK 23-2 3
Legal Block	23-2
Jurisdiction	FRANKLIN CITY VA
Township / Civil Division	FRANKLIN
Census Block Group	1
Census Block	1011
Census Tract	90200

Owner

Source: Franklin City records · APN 123 07223 2,3

Assessment roll updated April 23, 2026 · Last verified May 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	PO BOX 997, FRANKLIN, VA 23851-0997
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Record Updated	Jun 08, 2026

March 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	FRANKLIN CITY VA
Property Address	240 S MAIN ST, FRANKLIN, VA 23851-1608
Transaction Type	Mortgage
Record Updated	Apr 23, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0170000521
Date	Mar 01, 2017
Instrument	170000521

Lender

Name	3RD PARTY INDIVIDUAL
Type	Private Party

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	359 Months
Due	Feb 24, 2047

Interest

Rate Type	Adjustable Rate
Rate	5%

Tax Assessment & Valuation

Source: Franklin City records · Assessment roll updated April 23, 2026 · Last verified May 2026

Property Jurisdictions

Type	Name
State	Virginia
Municipality	Franklin City
Unified School District	Franklin City Public Schools (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,361.00	$107,200 (+2.68%) Land $47,100 Building $60,100	$107,200 (+2.68%) Land $47,100 Building $60,100
2024	$1,361.00 (+80.26%)
2023		$104,400 Land $43,900 Building $60,500	$104,400 Land $43,900 Building $60,500
2019	$755.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, County delivery 51093C, updated January 8, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 516200902001, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Parcel location falls outside the county's mapped flood area
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Cost	Premium on Record median of 41 individual NFIP policies nearby
Community Rating System	Class 9 (5% premium discount)
Nearby Flood Policies	41 in force 6 of 41 on primary residences
Nearby Flood Claims	53 (1992–2016)
Claims Outside the SFHA	16 of 53
Most Recent Claim	Oct 2016, river or lake flooding, Hurricane Matthew
Flood Events	Hurricane Floyd Major Disaster Declarations (Sep 1999), 11 claims

Wildfire

Wildfire Risk	Low above 6% of the US · above 4% of Virginia
Wildfire Likelihood	About 1 in 10,000 per year
Exposure	Direct burnable vegetation at the parcel

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Historic Designation

Source: NPS National Register of Historic Places · August 1, 2026 release · Last verified October 2026

Historic District	Within the Franklin Historic District listed 1985 · 225 contributing resources · NRIS 85000988

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.