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    5119 Figsboro Rd Martinsville, VA 24112

    Picture of Land at Figsboro Rd 5119, Martinsville, VA
    For Sale
    $49,900

    Land - Martinsville, VA

    Lot size:
    3.63 Acres
    Days on Market:
    106
    Last Refresh:
    Dec 9 at 8:06 pm

    Property Features for 5119 Figsboro Rd

    General Information

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

    Building Details

    Architectural style
    Other

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

    Listing agent Doris Berry (276) 656-1111

    Listing date Aug 26, 2025

    MLS# 144974 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

    Martinsville, VA Land For Sale

    This 3.634-acre property is located in Martinsville, Virginia. It offers privacy and exceptional beauty, providing an opportunity to create a personalized living space. The property features an existing septic system and well, though their working condition requires verification. A February 2024 survey provides a complete and updated property description. The property is sold in "as is" condition. The zoning is A-1 agricultural. Permitted uses are defined in the Henry County Code of Ordinances.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Restaurant Food Market Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Martinsville
    State
    Virginia
    Longitude
    -79.8457512
    Latitude
    36.7935142

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    FAQs

    What type of property is this?
    Land - Acreage in beautiful part of Virginia with existing septic and well.
    Where is this land located?
    The property is located at 5119 Figsboro Rd Martinsville, VA.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: - Beautiful Virginia location offering privacy.; - Right-sized acreage - manageable but provides privacy.; - Existing septic and well on the property.
    (276) 656-1111
    Request Owner's contact information
    5119 Figsboro Rd 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
    5119 Figsboro Rd Martinsville, VA 24112
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