Technical
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Property profile

0 Brg St And Market St Martinsville, VA 24112

OFF-MARKET
Land
1.6 ac lot
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Property summary

AI-generated overview

This exceptional 1.6-acre commercial land parcel presents a unique investment opportunity in the heart of Martinsville, Virginia. Ideally situated at the intersection of Bridge Street and Market Street, this property boasts unparalleled visibility and accessibility. Its strategic location places it in close proximity to key civic structures, including the Martinsville Municipal Building and the Church Street Post Office, ensuring high foot traffic and brand recognition. Furthermore, its adjacency to the New College Institute provides a connection to a thriving educational and intellectual community. The property's 1.6-acre size offers ample space for a variety of commercial developments, from retail spaces and office buildings to potentially mixed-use projects. The zoning regulations for this property should be independently verified to determine the permissible uses. Given its prime location and significant size, this lot represents a rare chance to acquire a highly desirable commercial property in a growing Virginia city. The property's address is clearly defined as the intersection of Bridge Street and Market Street, Martinsville, VA 24112. This location offers easy access to major transportation routes, further enhancing its commercial appeal. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The latitude and longitude coordinates are 36.688783, -79.8744509 respectively, for precise location identification.

Property profile

Verified
Property type Land
Lot 1.6 ac (69,696 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Brg St And Market St Martinsville, VA 24112
Martinsville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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