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    285 Club House Rd Martinsville, VA 24112

    Sponsored
    For Lease
    Contact for pricing

    Versatile land, ideal for multiple uses.

    Lot size:
    1,742,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 40-acre property located at 285 Club House Rd, Martinsville, VA 24112 presents a unique investment opportunity. Zoned for commercial, residential, and agricultural uses, this single-tenant land parcel offers unparalleled flexibility. The expansive 40-acre lot provides ample space for a variety of development projects, from equestrian facilities to agricultural ventures or even a combination thereof. Its location in Martinsville, Virginia offers a blend of rural tranquility and convenient access to local amenities. The property's versatility makes it suitable for a wide range of buyers, from those seeking a large-scale development project to those looking for a peaceful retreat with significant land holdings. With no existing buildings, the land is a blank canvas ready for your vision. The property's size and zoning provide significant potential for future growth and return on investment. Serious inquiries are encouraged to explore the possibilities of this remarkable property. Detailed site surveys and zoning information are readily available upon request. This is a rare opportunity to acquire a substantial land parcel in a desirable location with diverse development potential.

    Property Features for 285 Club House Rd

    General Information

    Property type
    Farms
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,742,400 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,742,400 SF

    HighLights

    • 40‑acre commercial, residential, and agricultural zoned land parcel in Martinsville, VA.
    • Ample space for diverse development projects.
    • No existing structures; a blank canvas for development.
    • Convenient location offering rural tranquility and access to amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Auto Repair Shop Clothing Store Auto Parts Store Department Store Grocery Store Discount Store Pawn 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
    -79.896875185366
    Latitude
    36.656809317905

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    FAQs

    What type of property is this?
    Farm - Versatile land, ideal for multiple uses.
    Where is this farm located?
    The property is located at 285 Club House Rd Martinsville, VA.
    What are key features of this property?
    This property features: 40-acre commercial, residential, and agricultural zoned land parcel in Martinsville, VA.; Ample space for diverse development projects.; No existing structures; a blank canvas for development.
    Request Owner's contact information
    285 Club House Rd Martinsville, VA 24112
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    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
    285 Club House Rd Martinsville, VA 24112
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