Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    205 V C Dr Martinsville, VA 24112

    Sponsored
    For Lease
    Contact for pricing

    1 Acre Lot, Build-to-Suit Available

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1-acre commercial lot presents a unique opportunity in Henry County, Virginia. Strategically located just a short distance from the city of Martinsville, this property enjoys high visibility and convenient access to Commonwealth Boulevard, a major east-west thoroughfare, situated less than a fifth of a mile away. The site is zoned B1, offering flexibility for a variety of commercial uses. The property is serviced by Appalachian Power, ensuring reliable utility access. Its proximity to established businesses like Fastenal and Penske Truck Leasing further enhances its appeal and potential for success. This parcel offers the advantage of either a land lease or a build-to-suit option, providing considerable flexibility to tailor the development to specific business needs. The parcel's size and location make it ideal for a range of commercial ventures, from retail to light industrial. The property's APN is 213190056. This is a rare opportunity to secure a prime commercial location in a thriving area with excellent infrastructure and strong neighboring businesses. Don't miss this chance to establish your business in a highly desirable location.

    Property Features for 205 V C Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    43,560 SF

    HighLights

    • 1 Acre commercial land parcel in Henry County, VA.
    • Located near Commonwealth Boulevard, a major thoroughfare.
    • Proximity to Fastenal and Penske Truck Leasing.
    • B1 Zoning.
    • Land lease or build‑to‑suit options available.
    • Served by Appalachian Power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy Clothing Store Skin Care Clinic Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Martinsville City
    State
    Virginia
    Longitude
    -79.894812608401
    Latitude
    36.70032594821

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space in Martinsville

      Retail space available on Commonwealth Blvd in Martinsville, VA.
      100 West Commonwealth Blvd, Martinsville, VA 24112
      View Details
    • Contact for pricing
      100,440 SF

      Martinsville Industrial Warehouse For Lease

      100,440 SF Class A Warehouse, Ready Now
      740 Beaver Creek Dr, Martinsville, VA 24112
      View Details
    • Contact for pricing
      71,860 SF

      Southern Virginia Industrial Portfolio

      Multi-tenant warehouse, flex space available
      900 V C Dr, Martinsville, VA 24112
      View Details
    • $10 SF/Yr
      5,559 SF

      Uptown Martinsville Office Space

      Prime Office Suites, Flexible Layout
      26 Church St, Martinsville, VA 24112
      View Details
    • $3 SF/Yr
      9,400 SF

      Martinsville Warehouse: 9,400 SF

      Industrial space; multiple suites available.
      90 Tensbury Dr, Martinsville, VA 24112
      View Details
    • Contact for pricing
      288,254 SF

      Martinsville Retail Center Investment

      Grocery-anchored power center, high traffic.
      240 Commonwealth Blvd, Martinsville, VA 24112
      View Details
    • Contact for pricing
      213,869 SF

      Patrick Henry Mall Office Suites

      Martinsville, VA Executive Office Space Available
      730 Church St, Martinsville, VA 24112
      View Details
    • $10 SF/Yr
      2,080 SF

      Martinsville Office Space Available

      Move-in ready office; 2,080 sq ft.
      1780 Old Chatham Rd, Martinsville, VA 24112
      View Details
    • Contact for pricing
      77,000 SF

      Cloverleaf Shopping Center Investment

      Martinsville, VA retail center opportunity
      2370 Greensboro Rd, Martinsville, VA 24112
      View Details
    • $13 SF/Yr
      13,569 SF

      Martinsville Retail Space for Lease

      13,569 SF Former Pharmacy, High Traffic
      2707 Greensboro Rd, Martinsville, VA 24112
      View Details
    • $15 SF/Yr
      5,940 SF

      Martinsville Office Building For Sale

      Prime location, three suites available
      156 Market St, Martinsville, VA 24112
      View Details
    • $15 SF/Yr
      1,200 SF

      Martinsville Office Space Available

      Office space for rent in Martinsville, Virginia, 1200 square feet.
      1101 Brookdale St, Martinsville, VA 24112
      View Details

    FAQs

    What type of property is this?
    Land - 1 Acre Lot, Build-to-Suit Available
    Where is this land located?
    The property is located at 205 V C Dr Martinsville, VA.
    What are key features of this property?
    This property features: 1 Acre commercial land parcel in Henry County, VA.; Located near Commonwealth Boulevard, a major thoroughfare.; Proximity to Fastenal and Penske Truck Leasing.
    Request Owner's contact information
    205 V C Dr Martinsville, VA 24112
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    205 V C Dr
    Martinsville, VA 24112
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    205 V C Dr Martinsville, VA 24112
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.