Industrial Land in Martinsville,
For Sale
Contact for pricing
Hollie Dr, Martinsville, VA 24112
Strategically located industrial land with cost-effective operations and skilled workforce.
Property SizeContact for details
Days on Market701
Property Features for Hollie Dr
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
CBRE - Richmond
Listed By:
Jason Hetherington · License #022563421
Source:
Crexi
Added: Sep 20, 2024
Changed: Aug 12
Last Checked: Aug 20 at 1:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Richmond
Investment Insights
Based on property information with market context.
Martinsville, Virginia, is an attractive destination for industrial development due to its strategic location, cost-effective operations, and skilled workforce. The city’s proximity to major transportation routes like US 58, US 220, and I-40 enhances logistics and distribution capabilities. Martinsville benefits from a pro-business environment with competitive utility rates and a supportive local government. The region’s lower cost of living reduces overhead costs for businesses, while local educational institutions provide a steady supply of skilled labor. Martinsville also boasts a rich manufacturing heritage, a diverse economy, and cultural and recreational amenities that contribute to a high quality of life. Martinsville Speedway, Smith River, Philpott Lake, and proximity to the scenic Blue Ridge Mountains are among the cultural and recreational amenities. The location is near major transportation routes (US 58, US 220, I-40) for efficient logistics. There are local educational institutions and workforce development programs.
Key Highlights
- Strategic location: Enjoy efficient logistics with proximity to US 58, US 220, and I‑40.
- Pro‑business environment: Benefit from competitive utility rates and a supportive local government.
- Skilled workforce: Access a steady supply of skilled labor from local educational institutions.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
Explore this area
Business Placement
Demographics for 24112, VA
30,978
Population
15,999
Households
1.9
Avg Household Size
48
Median Age
19%
College-Educated
86%
High-School Grad
151.3 sq mi
ZIP Area
205
Density / Sq Mi
$47,059
Median Household Income
$34,100
Median Earnings
$770
Median Rent
$119,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - Strategically located industrial land with cost-effective operations and skilled workforce.
Where is this industrial land located?
The property is located at Hollie Dr Martinsville, VA.
What is the asking price?
The asking price for this property is $10,560,750.
What are key features of this property?
This property features: Strategic location: Enjoy efficient logistics with proximity to US 58, US 220, and I‑40.; Pro‑business environment: Benefit from competitive utility rates and a supportive local government.; Skilled workforce: Access a steady supply of skilled labor from local educational institutions.
