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    1018 E Church St Martinsville, VA 24112

    For Sale
    Contact for pricing

    Land - Martinsville, VA

    Lot size:
    0.70 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 8 at 4:06 pm

    Property Features for 1018 E Church St

    General Information

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

    Building Details

    Architectural style
    Other

    The Spencer Group Real Estate and Auction (276) 732-8772 [email protected]

    Listing agent Penny Elliott (276) 638-5222

    Listing date Sep 26, 2025

    MLS# 139555 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

    Corner Lot for New Business

    This corner lot, located in Martinsville, Virginia, is available for sale. The lot size is approximately 0.704 acres. According to tax assessment and seller information, this property presents a suitable location for establishing a new business.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Martinsville
    State
    Virginia
    Longitude
    -79.8475152
    Latitude
    36.6929361

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    FAQs

    What type of property is this?
    Commercial land - Corner lot suitable for establishing a new business in Martinsville.
    Where is this commercial land located?
    The property is located at 1018 E Church St Martinsville, VA.
    What is the asking price?
    The asking price for this property is $18,000.
    What are key features of this property?
    This property features: - Corner lot location offers excellent visibility.; - Suitable for new business ventures.; - Lot size (estimated).
    (276) 638-5222
    Request Owner's contact information
    1018 E Church St 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
    1018 E Church St Martinsville, VA 24112
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