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    730 Church St Martinsville, VA 24112

    Sponsored
    For Lease
    Contact for pricing

    Martinsville, VA Executive Office Space Available

    Lot size:
    213,869 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents 213,869 square feet of retail, office, and restaurant space within the Patrick Henry Mall, situated on a 16.6-acre lot in Martinsville, Virginia. The property, located at 730 Church St E, boasts a prime location in the Southern Virginia submarket, with convenient access via Brookdale Street. Built in 1962 and zoned C-N (APN 000137300), the mall offers multiple tenancy options with spaces ranging from 2,300 to 84,085 contiguous square feet. Seven spaces are currently available, ideal for a variety of executive office uses. The property benefits from its established tenant mix, including a CVS Pharmacy directly adjacent, and presents significant redevelopment potential for larger suites. The property's extensive size and strategic location in Henry County, VA (zip code 24112), make it an attractive proposition for businesses seeking a prominent presence in the area. This well-maintained property offers a blend of established retail and service tenants, providing a strong foundation for future growth and profitability. The minimum divisible space is 2,300 square feet.

    Property Features for 730 Church St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    213,869 SF

    Building Details

    Year Built
    1962

    Unit(s) available at that property

    Space
    Suite 3
    Size
    3,750 SF
    Space
    Suite 15
    Size
    84,085 SF
    Space
    Suite 20
    Size
    2,300 SF
    Space
    Suite 12
    Size
    2,000 SF
    Space
    Suites 8 & 9
    Size
    6,150 SF
    Space
    Suite 19
    Size
    30,000 SF
    Space
    Suite 29
    Size
    11,400 SF

    HighLights

    • 213,869 SF retail, office, and restaurant space in Patrick Henry Mall, Martinsville, VA.
    • Located on a 16.6‑acre lot at 730 Church St E, with convenient access via Brookdale Street.
    • Situated in the Southern Virginia submarket, offering spaces ranging from 2,300 to 84,085 contiguous SF; seven spaces currently available.
    • Located in the Virginia Enterprise Zone, offering tax and development incentives.
    • High traffic count of 11,000‑15,000 vehicles daily on US Route 58 Business (East Church Street).
    Property Profile Location Intelligence

    Current Use by Public Records

    Reflections Day Spa Day Spa Lee Nails Nail Salon REA People Helping ... Thrift Store Wimmer Optical Optician Dollar Tree Dollar Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Henry
    State
    Virginia
    Longitude
    -79.855925970698
    Latitude
    36.689358884575

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    FAQs

    What type of property is this?
    Neighborhood center - Martinsville, VA Executive Office Space Available
    Where is this neighborhood center located?
    The property is located at 730 Church St Martinsville, VA.
    What are key features of this property?
    This property features: 213,869 SF retail, office, and restaurant space in Patrick Henry Mall, Martinsville, VA.; Located on a 16.6-acre lot at 730 Church St E, with convenient access via Brookdale Street.; Situated in the Southern Virginia submarket, offering spaces ranging from 2,300 to 84,085 contiguous SF; seven spaces currently available.
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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
    730 Church St Martinsville, VA 24112
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