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    Martinsville, VA
    Medical Premises

    Martinsville, VA Medical Office Space for Sale

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    Collinsville, VA Ridgeway, VA Fieldale, VA Stanleytown, VA Bassett, VA Spencer, VA Axton, VA Oaklevel, VA
    Medical Office Condo For Sale
    Updated: Mar 25
    Medical Office Condo For Sale

    15 Cleveland Avenue, Martinsville, VA 24112

    $375,000
    4,935 sqft
    Highly desirable location at 15 Cleveland Avenue in Martinsville, VA
    Approximately 4,935 SF of functional and versatile space
    Perfect for a variety of medical specialties
    Well‑maintained medical office condominium
    Class B property
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Martinsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 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.

    Medical Office with Monument Sign
    Medical Office with Monument Sign

    257 West Kings Highway, Eden, NC 27288

    $495,000
    4,889 sqft

    Medical office property with a patient drop-off area, surface parking, and zoning designated BH/ED.

    View details
    Medical Office Investment Opportunity
    Medical Office Investment Opportunity

    509 Van Buren Road, Eden, NC 27288

    $2,500,000
    6,250 sqft

    Medical office space for sale, leased to Cone Health.

    View details
    Renovated Office Suites in Office Park
    Renovated Office Suites in Office Park

    3243 Electric Road, Roanoke, VA 24018

    $685,000

    Flexible office suites with recent exterior renovations, offered for sale in a quiet office park setting.

    View details
    Two-Suite Medical Office Building
    Two-Suite Medical Office Building

    5100-5104 Bernard Dr, Roanoke, VA 24018

    Contact for pricing
    8,034 sqft

    Two separate medical office suites with finished space on both main and lower levels totaling 8,034 sq. ft.

    View details

    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.

    315 Hospital Dr
    MEDICAL BUILDING

    315 Hospital Dr, Martinsville, VA 24112-1945

    Estimated value:
    $935,000
    27,527 sqft 9.04 AC lot
    View details
    435 Commonwealth E Blvd
    MEDICAL BUILDING

    435 Commonwealth E Blvd, Martinsville, VA 24112-2014

    Estimated value:
    $240,000
    4,773 sqft 0.63 AC lot
    View details
    445 Commonwealth E Blvd
    MEDICAL BUILDING

    445 Commonwealth E Blvd, Martinsville, VA 24112-2086

    Estimated value:
    $305,000
    8,550 sqft 1.27 AC lot
    View details
    110 Commonwealth Blvd W Lot Lot
    MEDICAL BUILDING

    110 Commonwealth Blvd W Lot Lot, Martinsville, VA 24112-1832

    Estimated value:
    $250,000
    2,700 sqft 0.63 AC lot
    View details
    1780 Old Chatham Rd
    Medical Office Space

    1780 Old Chatham Rd, Martinsville, VA 24112

    Estimated value:
    No data
    View details
    2646 Greensboro Rd Rte
    Restaurants

    2646 Greensboro Rd Rte, Martinsville, VA 24112

    Estimated value:
    No data
    67,370 sqft
    View details
    425 Commonwealth E Blvd
    MEDICAL BUILDING

    425 Commonwealth E Blvd, Martinsville, VA 24112-2014

    Estimated value:
    $240,000
    2,470 sqft 0.46 AC lot
    View details
    429 Commonwealth E Blvd
    MEDICAL BUILDING

    429 Commonwealth E Blvd, Martinsville, VA 24112-2014

    Estimated value:
    $220,000
    4,000 sqft 0.84 AC lot
    View details
    1107 Brookdale St
    MEDICAL BUILDING

    1107 Brookdale St, Martinsville, VA 24112-4501

    Estimated value:
    $750,000
    38,605 sqft 8.09 AC lot
    View details

    Martinsville, VA Medical Office Space Market Trends and Statistics

    Explore 10 medical office space for sale in Martinsville, VA on our real estate platform. These investment opportunities span a total of 4,935 square feet of properties for sale, with an estimated market value of $375,000.

    Sale prices for medical spaces in Martinsville, VA average $375,000 — 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

    Office Units 3
    Office buildings 2
    Medical Office Space 1

    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
    24112 $375K

    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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