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Property profile & analytics
OFF-MARKET
Mixed-use properties

Martinsville VA USA William F Stone Hwy Martinsville, VA 24112

113 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Lot 113 ac (4,922,280 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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