Martinsville, VA Commercial Land for Sale

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Updated: Jul 10

Corner Commercial Land

A L Philpott Highway, Martinsville, VA 24112

$395,000

23.86 AC lot

23.857‑acre commercial land parcel
B1 business zoning
Approximately 887'+ road frontage on A L Philpott Highway
Approximately 855'+ road frontage on Daniel Road
Corner location at A L Philpott Highway and Daniel Road

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Updated: Jun 8

Commercial Land with Road Frontage

A L Philpott Hwy, Martinsville, VA 24112

$428,500

8.57 AC lot

8.57‑acre commercial land parcel
180' of frontage on A L Philpott Hwy (US 58)
446' of frontage on Rolling Hills Drive
Level‑to‑rolling site
Frontage on two roads

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Cleared Commercial Land

A L Philpott Hwy, Martinsville, VA 24112

$310,000

4.15 AC lot

Cleared commercial parcel with B-1 zoning, public water and sewer access, and connectivity to US/58.

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Commercial Land with Boulevard Frontage

378 Commonwealth Blvd W, Martinsville, VA 24112

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1 sqft 1.27 AC lot

Commercial land positioned along a retail corridor with frontage on Commonwealth Boulevard.

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Commercial Land Near Retail

Virginia Avenue, Martinsville, VA 24112

$675,000

8.75 AC lot

The parcel is recently staked off and sits beside Friedrichs Eye Center.

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Commercial Land with C-C Zoning

834 Liberty Street, Martinsville, VA 24055

$404,900

2.86 AC lot

C-C zoning supports commercial activities including offices, manufacturing, brokerage, and sales.

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Pad-Ready Commercial Land

384 Commonwealth Boulevard West, Martinsville, VA 24112

$1,000,000

Pad-ready site with public water, sewer, and electric service available for commercial development.

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Prime Commercial Land For Sale

000 Virginia Avenue, Martinsville, VA 24112

$675,000

Commercial land for shopping center between Collinsville & Martinsville.

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Commercial Land Near Liberty Fair Mall

304 Market Street, Martinsville, VA 24112

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Multiple lots with C-1A and R-P zoning, plus sewer and water availability.

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Commercial Land

112 Moss Street, Martinsville, VA 24112

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Commercial land with public water, sewer, and electric service available at the site.

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Commercial Land on East Church

1102 Church St E, Martinsville, VA 24112

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Commercial land with road frontage in high-traffic area.

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Commercial Lot Near Shopping Center

1150 Spruce St, Martinsville, VA 24112

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Commercial or professional building lot near Druid Hills shopping center.

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LAND - Martinsville, VA

511 Memorial Blvd, Martinsville, VA 24112

$35,000

1.26 AC lot

Five commercial lots suitable for various business purposes.

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Prime Commercial Land in Martinsville

205 V C Drive, Martinsville, VA 24112

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

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1.6 Acre Lot, Martinsville

Bridge Street and Market Street, Martinsville, VA 24112

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1.60 AC lot

1.6-acre commercial lot near municipal building and post office.

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Martinsville Commercial Lot For Sale

Fayette Street and Moss Street North, Martinsville, VA 24112

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0.40 AC lot

0.4 acre lot near Farmers' Market and Municipal Building.

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Based on your search, we've compiled 35 Potential Opportunities for your consideration. Besides 16 Active listings in Martinsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

2.8 Acres Development Site

0 Greensboro Rd, Ridgeway, VA 24148

$275,000

2.80 AC lot

2.8-acre development site with high visibility and easy access.

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2.5 Acres Corner Commercial Land

130 Vintage Rd, Eden, NC 27288

$49,000

2.50 AC lot

2.5+/- acres of commercial land for sale.

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Cascade Avenue Land For Sale

1741 Cascade Ave, Eden, NC 27288

Contact for pricing

Land suitable for car lot expansion or portfolio diversification.

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Ridgeway, VA Commercial Lot

4677 Greensboro Rd, Ridgeway, VA 24148

Contact for pricing

1.13 AC lot

1.132 acre commercial lot in Ridgeway, Virginia.

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Off-Market Properties in Martinsville, VA

Consider similar Off-Market properties in Martinsville, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

VACANT COMMERCIAL LAND

300 Moss St S S Lot, Martinsville, VA 24112-3626

Estimated value:

$255,000

0.40 AC lot

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VACANT COMMERCIAL LAND

311 Fayette St, Martinsville, VA 24112-2623

Estimated value:

$70,000

0.11 AC lot

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VACANT COMMERCIAL LAND

Broad St Lot, Martinsville, VA 24112

Estimated value:

$265,000

0.03 AC lot

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VACANT COMMERCIAL LAND

Stephens St Lot, Martinsville, VA 24112

Estimated value:

$265,000

1.65 AC lot

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VACANT COMMERCIAL LAND

Progress Dr Lot, Martinsville, VA 24112

Estimated value:

$265,000

1.58 AC lot

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VACANT COMMERCIAL LAND

Progress Dr Lot, Martinsville, VA 24112

Estimated value:

$270,000

4.24 AC lot

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VACANT COMMERCIAL LAND

Progress Dr Lot, Martinsville, VA 24112

Estimated value:

$275,000

14.83 AC lot

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VACANT COMMERCIAL LAND

Liberty St Lot, Martinsville, VA 24112

Estimated value:

$260,000

0.16 AC lot

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Martinsville, VA Commercial Land Market Trends and Statistics

Explore 31 commercial land for sale in Martinsville, VA, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 2,296,309 square feet of properties for sale, with an estimated market value of $3,923,400.

Sale prices for commercial lots in Martinsville, VA start at $35,000, averaging $490,425, and reaching up to $1,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 31K

Population Growth (5Y) +4.5%

Median Household Income $47,059

College Educated 6.6%

High-Yield Neighborhoods for Investment

Identify Martinsville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Richmond - 23229	$160K
Martinsville - 24112	$323K
Bassett - 24055	$404.9K

Taxes & Financing

Tax Rate (average for all types) 0.64%

Property Tax per SF $11.16 per SF

Tax Rate vs County Average 0.03 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Martinsville city

New Delisted

Total CRE Inventory on Market (SF)

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Martinsville, VA Commercial Land for Sale

A L Philpott Highway, Martinsville, VA 24112

A L Philpott Hwy, Martinsville, VA 24112

A L Philpott Hwy, Martinsville, VA 24112

378 Commonwealth Blvd W, Martinsville, VA 24112

Virginia Avenue, Martinsville, VA 24112

834 Liberty Street, Martinsville, VA 24055

384 Commonwealth Boulevard West, Martinsville, VA 24112

000 Virginia Avenue, Martinsville, VA 24112

304 Market Street, Martinsville, VA 24112

112 Moss Street, Martinsville, VA 24112

1102 Church St E, Martinsville, VA 24112

1150 Spruce St, Martinsville, VA 24112

511 Memorial Blvd, Martinsville, VA 24112

205 V C Drive, Martinsville, VA 24112

Bridge Street and Market Street, Martinsville, VA 24112

Fayette Street and Moss Street North, Martinsville, VA 24112

Opportunities in Nearby Cities

0 Greensboro Rd, Ridgeway, VA 24148

130 Vintage Rd, Eden, NC 27288

1741 Cascade Ave, Eden, NC 27288

4677 Greensboro Rd, Ridgeway, VA 24148

Off-Market Properties in Martinsville, VA

300 Moss St S S Lot, Martinsville, VA 24112-3626

311 Fayette St, Martinsville, VA 24112-2623

Broad St Lot, Martinsville, VA 24112

Stephens St Lot, Martinsville, VA 24112

Progress Dr Lot, Martinsville, VA 24112

Progress Dr Lot, Martinsville, VA 24112

Progress Dr Lot, Martinsville, VA 24112

Liberty St Lot, Martinsville, VA 24112

Martinsville, VA Commercial Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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