Martinsville VA USA William F Stone Hwy Martinsville, VA 24112
This exceptional 113-acre property presents a unique investment opportunity in Martinsville, Virginia. Located at 0 William F Stone Highway, this expansive parcel boasts a highly desirable location directly across from the Smith River Sports/Soccer complex, offering excellent visibility and accessibility. The property is zoned SR and is suitable for a variety of development projects. Imagine the potential for a small residential subdivision, capitalizing on the proximity to recreational facilities and convenient access to US 220/58 Bypass. Alternatively, the land could support the construction of a light industrial park or a convenience center, catering to the growing needs of the community. The substantial lot size provides ample space for creative development plans. Aerial photographs are available upon request to assist in visualizing the possibilities. This is a rare chance to acquire a significant land holding in a strategic location with strong potential for future growth and return on investment. The property is situated in Henry County, Virginia, with a zip code of 24112. Its proximity to the Smith River and major transportation routes makes it an exceptionally attractive proposition for developers and investors alike.
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
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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.