1102 Church St Martinsville, VA 24112
This exceptional 4.69-acre commercial land parcel presents a unique investment opportunity in Martinsville, Virginia. Strategically located on East Church Street (Highway 58 East), the property boasts 747 feet of valuable road frontage, ensuring high visibility and accessibility. Its prime location within a high-traffic area guarantees significant exposure for any commercial venture. The property is zoned C-C, offering flexibility for a wide range of commercial developments. Adding to its appeal, this land is situated within an enterprise zone, potentially qualifying for attractive local tax incentives and state grant funding, making it an even more compelling investment. The APN is 000686000. The asking price for this exceptional property is $125,000. The property is also suitable for residential development, offering versatility for mixed-use projects. This location in Martinsville, VA, zip code 24112, provides easy access to local amenities and transportation routes. Don't miss this chance to acquire a highly desirable commercial and residential land parcel in a thriving area.
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.