Property summary
This exceptional 2.798-acre commercial land parcel presents a prime development opportunity in Ridgeway, Virginia. Strategically located on US 220, directly across from the Martinsville Speedway and adjacent to the Virginia State Police Office, this property boasts unparalleled visibility and accessibility. The site is zoned B1-Commercial and offers ample space for a substantial development, exceeding the capacity for a 10,000 square foot building, as evidenced by an available conceptual site plan. With a daily traffic count on US 220 exceeding 16,000 vehicles, this location guarantees high exposure for any commercial venture. Convenient access is ensured via a stoplight at Fisher Farm Drive. Utilities, including sewer, are readily available nearby on Fisher Farm Road. This property's combination of high visibility, convenient access, and flexible zoning makes it an ideal investment for a variety of commercial uses. The asking price is $275,000. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving location.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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