700 Pace St, Franklin, VA 23851 Property Records

Franklin City property record for 700 Pace St, Franklin, VA 23851

Property Summary

Property Type	Mixed Use Commercial Office / Residential
Details	3 bd · 1 ba · 5,495 sqft · built 1951
Lot Size	0.917 acres (39,988 sqft)
Owner	Company Name on Record
Last Sale	$330,000 (Sep 2021)
Tax Bill	$18,179 (2024)
Deeds & Mortgages	Sep 2021 Sale & Mortgage
APN	`122 062 22,23,24`

Property Details

APN / Parcel Number

Primary APN	`122 062 22,23,24`
Alternative APN	`2358`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Total Rooms	22 Rooms
Units	22 Units
Stories	2 Stories
Building Area	5,495 sqft Finished Area
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1951
Exterior Material	Brick
Construction Type	Frame
Foundation Type	Concrete
Roof Type	Gable
Roof Material	Composition Shingle
Lot Area	39,988 sqft
Lot Dimensions	200 ft deep x 200 ft wide
Terrain	Other

Exterior Amenities

Porch	Porch
Porch Area	328 sqft
Deck Area	62 sqft
Boat Access	Boat Access

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Heat Pump
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Account Number	2358
Old Parcel Number	122 062 22,23,24,
Street Address	700 PACE ST
City	FRANKLIN
State	VA
Zip	23851-2106
Property Category	Commercial
Property Type	Commercial > Office > Mixed Use Commercial Office / Residential
Local Zoning Code	R1
Legal Description	LOTS 22 23 24 25 PACE PLAT SECOND AVE 701 705 707 & 709 122-(062)-22232425
Legal Lot Number	22-24 23
Jurisdiction	FRANKLIN CITY VA
Township / Civil Division	FRANKLIN
Census Block Group	1
Census Block	1040
Census Tract	90100

Owner

Source: Franklin City records, as of November 17, 2025

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

Owner of Record	Company Name on Record
Mailing Address	34447 GLENDALE DR, FRANKLIN, VA 23851-4224
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 1, 2021 · Amount on Record
Deed Sale	Sep 1, 2021 · Amount on Record
Record Updated	Jun 8, 2026

September 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	FRANKLIN CITY VA
Recording Date	Sep 1, 2021
Property Address	101 CENTER ST, FRANKLIN, VA 23851-2103
Document Number	0210002615
Instrument Date	Aug 26, 2021
Instrument	210002615
Transaction Type	Transfer
Record Updated	Apr 24, 2026
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	34447 GLENDALE DR, FRANKLIN, VA 23851-4224
Investor	Possibly a Property Investor

Mortgage

Document Number	0210002616
Date	Sep 1, 2021
Instrument	210002616

Lender

Name	PARTY III
Type	Private Party

Agreement

Type	Seller Carry-Back
Amount	Amount Recorded
Term	359 Months
Due	Aug 1, 2051

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

Source: Franklin City assessment roll, as of January 1, 2024

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2024	$18,179.00	$477,800 (+37.02%) Building $477,800	$477,800 (+37.02%) Building $477,800
2023		$348,700 Building $348,700	$348,700 Building $348,700

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

Flood

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Not on file
Flood Insurance Cost	Premium on Record median of 33 policies
Community Rating System	Class 9 (5% premium discount)
Nearby Flood Policies	33 in force
Nearby Flood Claims	39 (1980–2024)
Claims Outside the SFHA	11 of 39
Most Recent Claim	Sep 2024 · other causes

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.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 71% of Virginia
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF FRANKLIN serves 9,000 people · EPA ID VA3620350
Water Source	Groundwater
Last State Inspection	Oct 2025
Lead	4 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	3 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 574 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable	1,000 / 1,000
Verizon Fixed Wireless	300 / 20