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Property profile & analytics
OFF-MARKET
Land

0 Melody Ln Martinsville, VA 24112

54 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 54-acre property presents a unique investment opportunity in Martinsville, Virginia. Zoned for both commercial and residential development, this expansive tract offers significant potential for a variety of uses. Located conveniently just outside the city limits of Martinsville, with easy access via Stultz Road and Melody Lane in Henry County, VA, zip code 24112. The property's substantial size allows for flexibility in development plans, catering to diverse projects. The land is currently undeveloped, providing a blank canvas for ambitious ventures. Its location offers proximity to the amenities of Martinsville while maintaining a sense of rural tranquility. This is an ideal site for developers seeking a large parcel of land with versatile zoning options. The property's size and location make it an attractive proposition for both commercial and residential development, offering a rare opportunity to shape the future of this area. Detailed surveys and site assessments are recommended to fully explore the development potential of this significant land parcel. The latitude and longitude coordinates are 36.71105998863663 and -79.88222962720425 respectively. This is a single-tenant property.

Property profile
Verified
Property type Land
Lot 54 ac (2,352,240 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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