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    00 Red Hill Dr Martinsville, VA 24112

    For Sale
    Contact for pricing

    Land - Martinsville, VA

    Lot size:
    0.82 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 00 Red Hill Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.82 Acres

    Building Details

    Architectural style
    Other

    Berry-Elliott Realtors (276) 634-7657 [email protected]

    Listing agent Julian Mei (276) 656-1111

    Listing date Nov 1, 2025

    MLS# 139139 Listing URL

    Copyright © 2025 Martinsville, Henry, Patrick Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in Patrick Henry Farms

    Located off U.S. 58/A L Philpott Hwy, this 0.824-acre residential lot is situated in Patrick Henry Farms. Located on Red Hill Drive, the lot is ready for building a home. Public water, electric, and high-speed internet are available from the street. The HOA fee is $5 for raw land/lot and $10 once a residence is established. All building plans are subject to covenants/restrictions. With the casino coming to Danville, this area is expected to attract more residents looking to build.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Auto Repair Shop Hair Salon Hotel & Motel Department Store Kitchen & Bath Grocery Store Garden Center Electrical Service Car Rental

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Martinsville
    State
    Virginia
    Longitude
    -79.783439
    Latitude
    36.673422

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    FAQs

    What type of property is this?
    Land - 0.824 acre lot ready for your dream home!
    Where is this land located?
    The property is located at 00 Red Hill Dr Martinsville, VA.
    What is the asking price?
    The asking price for this property is $22,500.
    What are key features of this property?
    This property features: - Located in Patrick Henry Farms, a highly desirable subdivision.; - **0.824 acre lot ready for building a custom home.**; - Public water, electric, and high-speed internet available.
    (276) 656-1111
    Request Owner's contact information
    00 Red Hill Dr Martinsville, VA 24112
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    Martinsville, VA 24112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 Red Hill Dr Martinsville, VA 24112
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