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Property profile & analytics
OFF-MARKET
Neighborhood centers

2801 Greensboro Rd Martinsville, VA 24112

11,475 SF 2.05 ac lot Built 2007
Property ID
Property summary
AI-generated overview

This exceptional 6,075-square-foot retail space is situated in a Class A, single-story building at 2801 Greensboro Road, Martinsville, VA 24112. Part of the Smith River Crossing shopping center, this end-cap unit offers high visibility on a major retail corridor boasting an impressive Average Annual Daily Traffic (AADT) of 17,000 vehicles. The property, built in 2007, sits on 2.05 acres and includes ample parking with 114 spaces. The entire shopping center totals 11,475 square feet and comprises four suites. This particular space is immediately available, offering a flexible layout suitable for a variety of retail uses. The minimum divisible space is 1,350 square feet, with a maximum contiguous space of 6,075 square feet. The property is zoned I2 and features convenient access to a variety of neighboring businesses, including a grocery store, pharmacy, restaurant, and other retail and service establishments. Existing tenants within the shopping center include an ABC store, staffing agency, and tobacco store. The property's location in the Southern Virginia submarket provides excellent access to a strong customer base. This is a rare opportunity to secure a high-profile retail space in a vibrant and growing community.

Property profile
Verified
Property type Neighborhood centers
Year built 2007
Total area 11,475 SF
Lot 2.05 ac (89,298 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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