4920 Greensboro Rd Ridgeway, VA 24148

Property Details for 4920 Greensboro Rd

Property size

57,010 SF

Property type

Neighborhood centers

Property subtype

Retail properties

Description

This exceptional 1.5-acre pad site offers a prime location at the US 220/58 Bypass, just south of Martinsville, Virginia. Situated beside the fully leased Sheffield Square shopping center, this property boasts excellent visibility and is located at a traffic-controlled intersection. Benefit from high traffic counts, with an AADT of 25,000 vehicles south of the intersection and 18,000 vehicles north. The site is ideally positioned to serve the southern Henry County, Virginia, and northern Rockingham County, North Carolina market areas. This location is less than three miles from the recently opened, $9 million Smith River Sports Complex and is in close proximity to the future Commonwealth Crossing industrial park. The property is zoned B1 and offers a build-to-suit opportunity for single or multi-tenant retail or office development. Surrounding businesses include a diverse range of established retailers and service providers, such as Dollar Tree, Tractor Supply Company, Domino's, Ridgeway Family Clinic, Wendy's, Hardee's, Speedway, and a Nissan/Jeep dealership. The total building square footage of the adjacent Sheffield Square shopping center is 57,010 square feet, currently fully occupied. The lot size is 6.2 acres, with this pad site comprising 1.5 acres. This presents a unique opportunity for businesses seeking high visibility and access to a strong customer base in a rapidly developing area. The property's proximity to the Martinsville Speedway, a venue for two Nextel Cup races annually, further enhances its appeal and potential for increased traffic and exposure.

Location Insight

City

Ridgeway

County

Henry

State

Virginia

Longitude

-79.8609

Latitude

36.6277