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    900 V C Dr Martinsville, VA 24112

    Sponsored
    For Lease
    Contact for pricing

    Multi-tenant warehouse, flex space available

    Lot size:
    71,860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Southern Virginia industrial property, located at 900 V.C. Drive, offers a total of 71,860 square feet across three single-story buildings on a spacious 20-acre lot. Currently, 28,000 square feet of space is available for lease, offering flexibility for various business needs. The property features a mix of warehouse, flex, and traditional office space, suitable for a range of industrial and commercial uses. Built in 1962, the facility benefits from Appalachian Power and ample truck and trailer parking, ideal for businesses with large fleets. The secure, fenced property provides easy access to US 58 and US 220, with proximity to the Patriot Center Industrial Park offering additional logistical advantages. The property is zoned B1 and is available for lease as a whole or can be divided to accommodate smaller tenants. The available space includes two separate units totaling 15,000 square feet. This is a rare opportunity to secure a well-located, multi-functional industrial property in a thriving Southern Virginia submarket. The property's size, location, and flexible layout make it an attractive option for businesses seeking a strategic foothold in the region. Contact us today to learn more about this exceptional opportunity.

    Property Features for 900 V C Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    71,860 SF

    Building Details

    Year Built
    1962
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    15,000 Cross Dock Warehouse
    Size
    15,000 SF
    Space
    Office Space
    Size
    15,000 SF

    HighLights

    • 71,860 SF multi‑tenant office/industrial building on a 20‑acre lot.
    • 28,000 SF of vacant space available.
    • Three 1‑story buildings totaling 71,860 SF.
    • Located in Southern Virginia, near US 58 and US 220, close to Patriot Center Industrial Park.
    • Zoned B1.
    • Features abundant truck and trailer parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kbel Transport LLC Trucking Company Caldwell Freight Lines Trucking Company

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Martinsville City
    State
    Virginia
    Longitude
    -79.890991523559
    Latitude
    36.706048381411

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    FAQs

    What type of property is this?
    Distribution property - Multi-tenant warehouse, flex space available
    Where is this distribution property located?
    The property is located at 900 V C Dr Martinsville, VA.
    What are key features of this property?
    This property features: 71,860 SF multi-tenant office/industrial building on a 20-acre lot.; 28,000 SF of vacant space available.; Three 1-story buildings totaling 71,860 SF.
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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
    900 V C Dr Martinsville, VA 24112
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