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
    Back to Search

    2801 Greensboro Rd Martinsville, VA 24112

    For Lease
    $12 SF/Yr ($11,475 /Mo)

    Prime retail space in thriving Martinsville, VA.

    Lot size:
    11,475 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 6,075-square-foot retail space is situated in a Class A, single-story building at 2801 Greensboro Road, Martinsville, VA 24112. Part of the Smith River Crossing shopping center, this end-cap unit offers high visibility on a major retail corridor boasting an impressive Average Annual Daily Traffic (AADT) of 17,000 vehicles. The property, built in 2007, sits on 2.05 acres and includes ample parking with 114 spaces. The entire shopping center totals 11,475 square feet and comprises four suites. This particular space is immediately available, offering a flexible layout suitable for a variety of retail uses. The minimum divisible space is 1,350 square feet, with a maximum contiguous space of 6,075 square feet. The property is zoned I2 and features convenient access to a variety of neighboring businesses, including a grocery store, pharmacy, restaurant, and other retail and service establishments. Existing tenants within the shopping center include an ABC store, staffing agency, and tobacco store. The property's location in the Southern Virginia submarket provides excellent access to a strong customer base. This is a rare opportunity to secure a high-profile retail space in a vibrant and growing community.

    Property Features for 2801 Greensboro Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,475 SF
    Class
    A
    Total Rate
    11475

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    6,075 sf - Retail Space Available
    Size
    6,075 SF
    Rate per SF
    $12
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon 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
    -79.872463456207
    Latitude
    36.652641140487

    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

    FAQs

    What type of property is this?
    Neighborhood center - Prime retail space in thriving Martinsville, VA.
    Where is this neighborhood center located?
    The property is located at 2801 Greensboro Rd Martinsville, VA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    Request Owner's contact information
    2801 Greensboro Rd 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.
    2801 Greensboro Rd
    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
    2801 Greensboro Rd 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.