Agricultural

Martinsville, VA Agricultural Land / Farmland for Sale

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Collinsville, VA Ridgeway, VA Fieldale, VA Stanleytown, VA Bassett, VA Spencer, VA Axton, VA Oaklevel, VA
Development-Ready Agricultural Land
Updated: May 21
Development-Ready Agricultural Land

17007 A L Philpott Hwy, Martinsville, VA 24112

$290,000
35.34 AC lot
35+ acre tract in the Horsepasture Community of Henry Co.
Panoramic Blue Ridge Mountains views from the property.
Development‑ready: public water meter in place.
Perc test completed and septic system design approved (system not yet installed).
Driveway cut from the road to the top of the hill, with a significant portion already graveled.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Martinsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Agricultural Land with Creek
Agricultural Land with Creek

Hardin Reynolds Rd lot: 130, Critz, VA 24082

$225,000
39.70 AC lot

Open hay fields, wooded areas, and rural improvements support agricultural and residential land-use possibilities.

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Land
Land

00 Hardin Reynolds Rd, Critz, VA 24082

$225,000

Agricultural land / Farmland

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Riverfront Agricultural Land
Riverfront Agricultural Land

2775 Eggleston Falls Rd, Ridgeway, VA 24148

$125,000

Pasture, hay fields, and a pole barn support varied agricultural use.

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Pasture and Wooded Farmland
Pasture and Wooded Farmland

3659 Old Leaksville Rd, Ridgeway, VA 24148

$190,000

Farmland combines open pasture, wooded areas, a pond, a creek, and available electric and phone service.

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Martinsville, VA Agricultural Land / Farmland Market Trends and Statistics

Explore 1 agricultural land / farmland for sale in Martinsville, VA on our real estate platform. These investment opportunities span a total of 1,539,410 square feet of properties for sale, with an estimated market value of $290,000.

Sale prices for farmlands in Martinsville, VA average $290,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 31K
Population Growth (5Y) +4.5%
Median Household Income $47,059
College Educated 6.6%

High-Yield Neighborhoods for Investment

Identify Martinsville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24112 $290K

Taxes & Financing

Tax Rate (average for all types) 0.64%
Property Tax per SF $11.16 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Martinsville city

New Delisted

Total CRE Inventory on Market (SF)

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