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Property profile & analytics
OFF-MARKET
Land

205 V C Dr Martinsville, VA 24112

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional one-acre commercial land parcel presents a unique investment opportunity in the thriving Henry County, Virginia market. Strategically located just a short distance from the city limits of Martinsville, this property enjoys unparalleled accessibility and visibility. Its proximity to Commonwealth Boulevard, a major east-west thoroughfare, ensures high traffic volume and excellent exposure for any commercial venture. The site is situated less than a fifth of a mile from this key artery, providing convenient access for customers and employees. The surrounding area boasts a strong commercial presence, with established businesses such as Fastenal and Penske Truck Leasing nearby, indicating a robust and growing business environment. This location offers significant potential for a variety of commercial uses, from retail and office spaces to light industrial development. The one-acre lot provides ample space for construction and development, allowing for flexibility in design and functionality. The property's address is 205 V.C. Drive, Martinsville, VA 24112, within Henry County. This prime location, coupled with its proximity to major roadways and established businesses, makes this property an exceptional investment opportunity for discerning buyers seeking a strategic foothold in a dynamic commercial market. The property is ready for immediate development, offering a rare chance to capitalize on the area's growth potential.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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