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    Fayette St And Moss St Martinsville, VA 24112

    Sponsored
    For Sale
    Contact for pricing

    0.4-acre lot, prime location, Virginia Enterprise Zone.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 0.4-acre commercial land parcel presents a unique investment opportunity in the vibrant Uptown Martinsville area. Strategically located at the intersection of Fayette Street and Moss Street North, this vacant lot enjoys high visibility and convenient access. Its prime location places it directly across from the bustling Farmers' Market, ensuring significant foot traffic and exposure. Furthermore, its proximity to the City Municipal Building and the New College Institute provides easy access to essential city services and a thriving educational community. The property is designated within the Virginia Enterprise Zone, a significant advantage for businesses seeking state incentives and tax credits. This designation offers qualified businesses substantial financial benefits, making this land particularly attractive for development. The 24112 zip code ensures easy access to major transportation routes and amenities. This is an ideal site for a variety of commercial ventures, offering a blend of accessibility, visibility, and economic incentives. The lot's size provides ample space for development, while its location ensures a strong return on investment. Serious inquiries are encouraged.

    Property Features for 0 Fayette St And Moss St

    General Information

    Property type
    Land
    Lot Size
    17,424 SF

    HighLights

    • 0.4‑acre commercial lot in Uptown Martinsville, VA.
    • High‑visibility corner lot at Fayette & Moss Streets North, across from the Farmers' Market.
    • Prime location near City Municipal Building and New College Institute.
    • Located in the Virginia Enterprise Zone, offering state incentives and tax credits.
    • Excellent access to major transportation routes and amenities in the 24112 zip code.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Martinsville
    County
    Henry
    State
    Virginia
    Longitude
    -79.875151
    Latitude
    36.692789

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    FAQs

    What type of property is this?
    Land - 0.4-acre lot, prime location, Virginia Enterprise Zone.
    Where is this land located?
    The property is located at Fayette St And Moss St Martinsville, VA.
    What are key features of this property?
    This property features: 0.4-acre commercial lot in Uptown Martinsville, VA.; High-visibility corner lot at Fayette & Moss Streets North, across from the Farmers' Market.; Prime location near City Municipal Building and New College Institute.
    (276) 632-5325
    Request Owner's contact information
    Fayette St And Moss St Martinsville, VA 24112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Fayette St And Moss St Martinsville, VA 24112
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