Listing Agency: The Stump Companies Show Phone

Listed By: John Stump, SIOR Show Phone

Source: Moodyscre

Added: Aug 20, 2024 Changed: Jul 30 Last Checked: Jul 30 at 6:32AM

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Investment Insights

Based on property information with market context.

Warehouse space available at 3870 Martin Dr in Axton, VA. The property offers 75,600 square feet of warehouse area, providing room for a variety of logistics and storage needs.

For travel and regional access, the property is approximately 10 miles to Martinsville and about 1 hour to Greensboro.

This offering is best suited for occupiers looking for a warehouse format with substantial indoor space and straightforward commuting access to the Martinsville and Greensboro markets.

Key Highlights

• 75,600 SF warehouse space
• Approximately 10 miles to Martinsville
• About 1 hour to Greensboro

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Furniture & Home Goods Auto Repair Shop Florist

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

6

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 24054, VA

6,208

Population

2,682

Households

2.3

Avg Household Size

45

Median Age

9%

College-Educated

79%

High-School Grad

109.5 sq mi

ZIP Area

57

Density / Sq Mi

$57,668

Median Household Income

$34,965

Median Earnings

$898

Median Rent

$123,200

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Warehouse space in Axton, VA with convenient access to Martinsville and Greensboro.

Where is this warehouse located?

The property is located at 3870 Martin Dr Axton, VA.

What are key features of this property?

This property features: 75,600 SF warehouse space; Approximately 10 miles to Martinsville; About 1 hour to Greensboro