Industrial Park with Renovated
For Lease
Contact for pricing
1501 1505 1507 Joseph Martin Highway, Martinsville, VA 24112
Industrial park in Martinsville, VA, with renovated warehouse spaces.
Space SizeContact for details
Days on Market277
Property Features for 1501 1505 1507 Joseph Martin Highway
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
(804) 402-4002
Listed By:
Jason Hetherington, SIOR
(804) 402-4002
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 25
Last Checked: Aug 25 at 5:29AM
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.
Rich Acres Industrial Park, situated along Joseph Martin Highway (U.S. Route 58 Business) in Martinsville, Virginia, offers warehouse and distribution spaces. The property provides immediate access to Interstate 58 (I-58) and Interstate 220 (I-220), facilitating connectivity to regional and national markets across the Mid-Atlantic and Southeastern United States. Located in an established industrial zone near downtown Martinsville, the park benefits from a local workforce and a business-friendly environment. The location is suitable for companies focused on distribution, warehousing, or light manufacturing. The park includes: 1) Building 35 at 1501 Joseph Martin Hwy, featuring 250,000 SF available for lease, built in 1983 and renovated in 2021, with 25' x 30' column spacing, 8 electric and 12 manual dock doors, a truck court depth of approximately 100', a metal rivet roof recoated in 2021, and 208V, 3-Phase power. 2) 1505 Joseph Martin Hwy, offering 97,500 SF fully leased, built in 1984 and renovated in 2021, with 25' x 25'–30' column spacing, 8 electric dock doors, a truck court depth of approximately 100', a metal rivet roof recoated in 2021, and 208V, 3-Phase power. 3) 1507 Joseph Martin Hwy, comprising 350,000 SF fully leased, built in 1985 and renovated between 2020 and 2021, with 25' x 28'–30' column spacing, 18 electric and 12 manual dock doors, a truck court depth of approximately 150'-200', a metal rivet roof with 25% recoating in 2019, and 208V, 3-Phase power.
Key Highlights
- Immediate access to I‑58 and I‑220 for excellent market connectivity.
- 250,000 SF available in Building 35 (1501 Joseph Martin Hwy).**
- Recently renovated buildings (2020‑2021).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial park in Martinsville, VA, with renovated warehouse spaces.
Where is this warehouse located?
The property is located at 1501 1505 1507 Joseph Martin Highway Martinsville, VA.
What are key features of this property?
This property features: Immediate access to I‑58 and I‑220 for excellent market connectivity.; 250,000 SF available in Building 35 (1501 Joseph Martin Hwy).**; Recently renovated buildings (2020‑2021).
