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B-1 Commercial Land Parcel
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adj. to 39 Log Manor Rd, Spencer, VA 24165

B-1 zoning supports retail, service, restaurant, and other commercial uses.

Property SizeContact for details
Days on Market48

Property Features for adj. to 39 Log Manor Rd

General Information

Standard status Active
Property subtype Retail

Amenities

ABSOLUTE $1 AUCTION | 1.41 Acre Parcel | Dollar General Adjacent | 6K VPD | Martinsville, VA Area | AUCTION SEPTEMBER 22-24
Direct Adjacency to Dollar General Retail - Parcel sits immediately adjacent to an operating Dollar General, anchoring built-in daily traffic.
6,000 Vehicles Per Day Traffic Count - Site fronts a corridor carrying approximately 6,000 vehicles daily, supporting retail visibility.
1.41-Acre Site Offers Development Upside - Vacant 1.41-acre parcel provides a ready-to-build pad site for retail or service use.
Absolute $1 Auctio - First Bid Meets Reserve!
Listing Agency: Marcus & Millichap - Fort Lauderdale
Listed By: Philip Kates · License #License(s): FL: SL3235872, NC: LC1044
Source: Marcusmillichap
Added: Aug 8 Changed: Sep 19 Last Checked: Sep 24 at 6:42AM

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 Marcus & Millichap - Fort Lauderdale

Investment Insights

Based on property information with market context.

This 1.41-acre commercial land parcel is zoned B-1, General Commercial, with stated suitability for retail, service, restaurant, and other commercial uses. The site is adjacent to Dollar General and fronts US-58 in Spencer, Virginia.

US-58 records approximately 6,827 vehicles per day at the property. Nearby listed demand drivers include Blue Ridge Airport, Stuart Hill Bed and Breakfast, and the USPS facility. The parcel is positioned within the Spencer community in Henry County, near the North Carolina border and the Martinsville trade area.

Key Highlights

  • 1.41‑acre commercial land parcel
  • B‑1, General Commercial zoning
  • Adjacent to Dollar General on US‑58

Property Analytics

Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Grocery & Convenience Store Auto Repair Shop Hair Salon Auto Parts Store Nail Salon Spa & Massage Center

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

13
Businesses Nearby

Demographics for 24165, VA

1,655
Population
731
Households
2.3
Avg Household Size
49
Median Age
8%
College-Educated
85%
High-School Grad
40.8 sq mi
ZIP Area
41
Density / Sq Mi
$62,206
Median Household Income
$36,533
Median Earnings
$1,091
Median Rent
$150,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - B-1 zoning supports retail, service, restaurant, and other commercial uses.
Where is this commercial land located?
The property is located at adj. to 39 Log Manor Rd Spencer, VA.
What are key features of this property?
This property features: 1.41‑acre commercial land parcel; B‑1, General Commercial zoning; Adjacent to Dollar General on US‑58
More about this property
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