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    301 Koehler Rd Martinsville, VA 24112

    Sponsored
    For Lease
    Contact for pricing

    4.9 Acres, B1 Zoning, High Visibility

    Lot size:
    213,444 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.9-acre commercial land parcel presents a unique investment opportunity in Martinsville, Virginia. Located at 301 Koehler Road, zip code 24112, this single-tenant property boasts a highly desirable B1 zoning classification, opening doors to a wide range of commercial development possibilities. The expansive lot size offers ample space for construction, providing flexibility for various project scales and designs. Its strategic location offers excellent visibility and accessibility, situated in close proximity to major thoroughfares like Virginia Avenue and Commonwealth Boulevard, ensuring high traffic flow and prominent exposure for any future business. The property's flat topography simplifies development and minimizes potential site preparation challenges. Detailed site surveys and engineering reports are available upon request. This is an ideal location for businesses seeking a high-profile presence in a growing community. The property is ready for immediate development, making it an attractive option for investors and developers looking for a quick return on investment. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. All information is deemed reliable but not guaranteed.

    Property Features for 301 Koehler Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    213,444 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    213,444 SF

    HighLights

    • 4.9‑acre commercial land parcel in Martinsville, VA (24112) at 301 Koehler Road.
    • B1 zoning allows for diverse commercial development.
    • Large lot size offers flexibility for various project scales.
    • Excellent visibility and accessibility near major thoroughfares.
    • Flat topography simplifies development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gina's Seafood Fish Store Budget Homes Home Builder

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Martinsville City
    State
    Virginia
    Longitude
    -79.905362378493
    Latitude
    36.696976665727

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    FAQs

    What type of property is this?
    Land - 4.9 Acres, B1 Zoning, High Visibility
    Where is this land located?
    The property is located at 301 Koehler Rd Martinsville, VA.
    What are key features of this property?
    This property features: 4.9-acre commercial land parcel in Martinsville, VA (24112) at 301 Koehler Road.; B1 zoning allows for diverse commercial development.; Large lot size offers flexibility for various project scales.
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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
    301 Koehler Rd Martinsville, VA 24112
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