Listing Agency: J & R Management

Listed By: Will Vaughn · License #VA 0225233601 Show Phone

Source: Crexi

Added: Jan 12, 2023 Changed: Sep 2 Last Checked: Sep 4 at 11:50AM

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Investment Insights

Based on property information with market context.

This property is located in Henry County, Virginia, a short distance from the City of Martinsville and approximately 1/5 of a mile from Commonwealth Boulevard, a major east-west thoroughfare. Neighboring businesses include Fastenal and Penske Truck Leasing.

Key Highlights

• Prime location in the heart of Henry County, VA.
• Proximity to Commonwealth Boulevard (major east/west thoroughfare).
• Close proximity to the City of Martinsville.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Kitchen & Bath Showroom Storage Facility Garden Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

170

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 Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Located in the heart of Henry County, near major thoroughfare.

Where is this commercial land located?

The property is located at 205 V C Drive Martinsville, VA.

What are key features of this property?

This property features: Prime location in the heart of Henry County, VA.; Proximity to Commonwealth Boulevard (major east/west thoroughfare).; Close proximity to the City of Martinsville.