205 V C Dr Martinsville, VA 24112
This exceptional 1-acre commercial lot presents a unique opportunity in Henry County, Virginia. Strategically located just a short distance from the city of Martinsville, this property enjoys high visibility and convenient access to Commonwealth Boulevard, a major east-west thoroughfare, situated less than a fifth of a mile away. The site is zoned B1, offering flexibility for a variety of commercial uses. The property is serviced by Appalachian Power, ensuring reliable utility access. Its proximity to established businesses like Fastenal and Penske Truck Leasing further enhances its appeal and potential for success. This parcel offers the advantage of either a land lease or a build-to-suit option, providing considerable flexibility to tailor the development to specific business needs. The parcel's size and location make it ideal for a range of commercial ventures, from retail to light industrial. The property's APN is 213190056. This is a rare opportunity to secure a prime commercial location in a thriving area with excellent infrastructure and strong neighboring businesses. Don't miss this chance to establish your business in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.