Search
Martinsville Industrial Facility For Rent
For Lease
Contact for pricing

229 Hollie Drive, Martinsville, VA 24112

Class B industrial facility with freezer, ideal for manufacturing/distribution.

Space SizeContact for details
Lot Size9.68 Acres
Days on Market141

Property Features for 229 Hollie Drive

General Information

Standard status Active
Lot size 9.68 Acres
Property subtype Industrial
Listing Agency:
Listed By: Jason Hetherington, SIOR
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Aug 12 at 7:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jason Hetherington, SIOR

Investment Insights

Based on property information with market context.

Located in Bowles Industrial Park in Martinsville, Virginia, the Class B industrial facility at 229 Hollie Drive offers 184,846 square feet of space. Constructed in 1991 on 9.68 acres, this property is suited for manufacturing, distribution, and logistics. The building features 19 dock-high doors, 1 drive-in door, and clear heights ranging from 14 to 46 feet. The layout includes approximately 131,050 square feet of production space, 31,250 square feet of heated high-bay warehouse area, and 3,950 square feet of office space. Specialized areas include a 15,814 square foot fully racked freezer (≥ –10°) and a 2,800 square foot maintenance shop. The property is equipped with upgraded lighting, a 50 HP air compressor, and an active sprinkler system. Situated within the Virginia South Central Submarket, the location provides regional connectivity and transportation access. It is located less than two minutes from US-220 and four minutes from US-58, offering routes to I-77, I-81, and I-85. Roanoke, Greensboro, and Charlotte are within a one- to three-hour drive. The property is near the Norfolk Southern Rail Yard in Roanoke (47 miles), Piedmont Triad International Airport in Greensboro (46.5 miles), and Amtrak’s Danville Station (39 miles). The zoning is I-1 and column spacing is 30' x 50'.

Key Highlights

  • Exceptional Clear Height: Offers a wide range of clear heights from 14’ to 46’, accommodating diverse racking and production configurations.
  • Large Industrial Space: Features ±184,846 SF of Class B industrial space suited for manufacturing, distribution, and logistics.
  • Strategic Location: Located within Bowles Industrial Park, less than two minutes from US‑220 and four minutes from US‑58, providing easy access to major interstates and regional transportation hubs.

Property Analytics

Current Use

Radial Warehouse & Storage

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Restaurant Law Firm Bakery Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby

Demographics for 24112, VA

30,978
Population
15,999
Households
1.9
Avg Household Size
48
Median Age
19%
College-Educated
86%
High-School Grad
151.3 sq mi
ZIP Area
205
Density / Sq Mi
$47,059
Median Household Income
$34,100
Median Earnings
$770
Median Rent
$119,200
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Manufacturing property - Class B industrial facility with freezer, ideal for manufacturing/distribution.
Where is this manufacturing property located?
The property is located at 229 Hollie Drive Martinsville, VA.
What are key features of this property?
This property features: Exceptional Clear Height: Offers a wide range of clear heights from 14’ to 46’, accommodating diverse racking and production configurations.; Large Industrial Space: Features ±184,846 SF of Class B industrial space suited for manufacturing, distribution, and logistics.; Strategic Location: Located within Bowles Industrial Park, less than two minutes from US‑220 and four minutes from US‑58, providing easy access to major interstates and regional transportation hubs.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message