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130 Falcon Road, Martinsville, VA 24112

Renovated kitchens, modern finishes, onsite laundry, and paved or graded access areas support multifamily use.

Property SizeContact for details
Days on Market5

Property Features for 130 Falcon Road

General Information

Standard status Active
Property subtype Multifamily

Amenities

Onsite Laundry Facility
Listing Agency: Call It Closed Commercial
Listed By: Eddie Jackson, Jr. · License #VA 0226031535
Source: Crexi
Added: Sep 15 Changed: Sep 19 Last Checked: Sep 19 at 8:49AM

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 Call It Closed Commercial

Investment Insights

Based on property information with market context.

This multifamily property at 130 Falcon Road includes updated residential interiors with modern finishes and renovated kitchens equipped with newer cabinetry, stainless steel appliances, and wood-style countertops. Updated flooring appears throughout portions of the property, while spacious bedrooms add to the residential layout. An onsite laundry facility serves the property, and the exterior includes a spacious setting with paved or graded access areas.

The property is located in Martinsville, Virginia, with access to local amenities, employment centers, shopping, and major transportation routes. Its multifamily configuration and updated interior features support rental use, with the source information also identifying potential for an owner-operator arrangement depending on unit configuration and financing. Unit configuration and rental details are not specified.

Key Highlights

  • Renovated kitchens with newer cabinetry, stainless steel appliances, and wood‑style countertops
  • Onsite laundry facility
  • Updated residential interiors with modern finishes

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Building Supply Auto Repair Shop Big Box & Wholesale Store Hair Salon Nail Salon

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

Location Intelligence

Trade Area within ½ mile

4
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated kitchens, modern finishes, onsite laundry, and paved or graded access areas support multifamily use.
Where is this apartment building located?
The property is located at 130 Falcon Road Martinsville, VA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Renovated kitchens with newer cabinetry, stainless steel appliances, and wood‑style countertops; Onsite laundry facility; Updated residential interiors with modern finishes
More about this property
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