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Property profile & analytics
OFF-MARKET
Land

205 V C Dr Martinsville, VA 24112

1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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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