3651 Greensboro Rd Ridgeway, VA 24148
This exceptional 3,842 square foot brick building presents a unique opportunity in Ridgeway, VA. Strategically located on a large corner lot off Route 220, it boasts unparalleled visibility and accessibility, situated less than a mile from Martinsville Speedway, 1.5 miles from the Route 58 and Route 220 intersection, and just 2.5 miles from Martinsville. The property benefits from a traffic light directly in front, ensuring high traffic flow and excellent road frontage. The building features a beautifully landscaped exterior, a spacious parking lot with fresh paint, multiple drive-through spaces, and three convenient entrances and exits. Inside, a bright and open lobby area with abundant natural light welcomes visitors. A central counter is ideal for a reception area or kiosk, while a former teller room (with cabinets and desks) and two private offices offer versatile workspace options. Additional features include a secured vault, ample open desk space, and an upstairs area complete with an employee kitchen, a large conference room, and private bathrooms. Lease terms are flexible, offering five-year leases with landlord-paid generic improvements, ten-year leases with additional non-generic improvements, or a three-year lease for the space as-is. The building's proximity to a large industrial park with over 25 commercial/industrial businesses further enhances its appeal and potential. This property is perfect for a variety of businesses seeking a high-profile location with ample space and modern amenities.
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
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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.