Martinsville Industrial Warehouses For
1501 1505 1507 Joseph Martin Hwy, Martinsville, VA 24112
Three industrial warehouses with vacant space available for lease.
Type:Industrial
Property size:
350,000 SFLot size:
43.97 Acres- Added:
- Jan 29, 2025
- Days on Market:
- 468
- Last Refresh:
- Mar 17 at 1:23 pm
Property Features for 1501 1505 1507 Joseph Martin Hwy
General Information
- Standard status
- Active
- Size
- 350,000 SF
- Lot size
- 43.97 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1985
Spaces For Lease
at 1501 1505 1507 Joseph Martin Hwy Contact us
Listing agent Jason Hetherington License #022563421
Listing office CBRE - Richmond
Listing date Jan 29, 2025
Source Crexi
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 CBRE - Richmond
HighLights
- Significant vacant space: 250,000 SF available at 1501 Joseph Martin Highway.
- 100% occupancy in 1505 & 1507 Joseph Martin Highway, indicating strong tenant demand.
- Buildings renovated between 2020‑2021.
- Zoned I1 - Industrial District.
- Equipped with multiple dock doors (electric and manual).
- Large site areas: 28.64 Acres (1501) and 15.33 Acres (1505).
Overview
Three industrial warehouses located at 1501, 1505, and 1507 Joseph Martin Highway in Martinsville, Virginia, offer a combined total building size of 350,000 square feet. Vacant space includes 250,000 square feet at 1501 Joseph Martin Highway and 97,500 square feet at 1505 Joseph Martin Highway. The occupancy rates are 20% for 1501 Joseph Martin Highway, and 100% for both 1505 and 1507 Joseph Martin Highway. The properties are zoned I1 - Industrial District. The site area for 1501 Joseph Martin Highway is 28.64 acres, while 1505 Joseph Martin Highway has a site area of 15.33 acres. Constructed in 1983 (1501), 1984 (1505), and 1985 (1507), all three buildings were renovated in recent years. The roof type is metal rivet, installed in 1983, 1984, and 1985 respectively, and re-coated in 2021. The roof at 1507 Joseph Martin Highway had 25% of it re-coated in 2019. A 10-year warranty on the roof of 1501 Joseph Martin Highway expires on 11/14/2029. Loading configurations are front loading. Dock doors include 8 electric and 12 manual at 1501 Joseph Martin Highway, 8 electric at 1505 Joseph Martin Highway, and 18 electric and 12 manual at 1507 Joseph Martin Highway. Truck court depths are 100 feet at 1501 and 1505 Joseph Martin Highway, and 150-200 feet at 1507 Joseph Martin Highway. Unlined car parking is available with 50 spaces for 1501 Joseph Martin Highway and 48 spaces for 1505 Joseph Martin Highway. HVAC is provided by gas-fired unit heaters of various years. The power supply is 208 - 3 Phase. All properties are located in Flood Zone X.
Location Intelligence
Current Use by Public Records
Warehouses
Location Insight
- Map
- Local Demand
- City
- Martinsville
- County
- Martinsville
- State
- Virginia
- Longitude
- -79.8781051
- Latitude
- 36.6308333
Nearby Similar for Lease
FAQs
What type of property is this?
Warehouse - Three industrial warehouses with vacant space available for lease.
Where is this warehouse located?
The property is located at 1501 1505 1507 Joseph Martin Hwy Martinsville, VA.
What are key features of this property?
This property features: Significant vacant space: 250,000 SF available at 1501 Joseph Martin Highway.; 100% occupancy in 1505 & 1507 Joseph Martin Highway, indicating strong tenant demand.; Buildings renovated between 2020‑2021.
