0 Hollie Dr Martinsville, VA 24112
This exceptional 80.48-acre industrial land parcel in Martinsville, Virginia, presents a compelling investment opportunity. Strategically located near major transportation arteries – US 58, US 220, and I-40 – it offers unparalleled logistics advantages for efficient distribution. The property benefits from Martinsville's pro-business environment, characterized by competitive utility rates and a supportive local government. This translates to significant cost savings for businesses. The area boasts a skilled workforce, nurtured by local educational institutions and workforce development programs, ensuring a readily available talent pool. Martinsville's lower cost of living further reduces operational overheads, enhancing profitability. Beyond the economic advantages, the city offers a diverse economy with a strong manufacturing heritage, complemented by growth in healthcare and technology sectors. A high quality of life is ensured by cultural and recreational amenities, including the Martinsville Speedway, Smith River, Philpott Lake, and proximity to the scenic Blue Ridge Mountains. This property is offered at $10,560,750 and is being sold by owner. The site's prime location and favorable business climate make it ideal for various industrial developments. This is a rare opportunity to acquire a substantial land holding in a thriving Virginia community. The property is located at Hollie Dr, Martinsville, VA 24112, in Henry County.
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.