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Property profile & analytics

Fayette St And Moss St Martinsville, VA 24112

  • Land
  • 0.40 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 0 Fayette St And Moss St

Lot size
0.40 lot acres
Property type
Land

Description

This exceptional 0.4-acre commercial lot presents a unique investment opportunity in the vibrant Uptown Martinsville area. Strategically located directly across from the bustling Farmers' Market, this vacant land enjoys high visibility and convenient access to a significant concentration of foot traffic and potential customers. Its proximity to the City Municipal Building and the New College Institute further enhances its appeal, offering easy access to civic services and a skilled workforce. The property is zoned for Virginia Enterprise, a designation that unlocks several attractive state incentives and tax credits for qualifying businesses. This translates to significant potential cost savings and enhanced profitability for the right development. The 0.4-acre size offers flexibility for a variety of commercial ventures, from retail spaces to small-scale office buildings or other suitable uses. Given its prime location and the benefits of the Virginia Enterprise Zone designation, this lot represents a compelling opportunity for investors seeking a high-return, strategically positioned asset in a growing community. Serious inquiries are encouraged to explore the full potential of this exceptional property and the advantages it offers. The lot's size and location make it an attractive proposition for businesses seeking a visible and accessible presence in the heart of Martinsville. The potential for growth and the incentives available through the Virginia Enterprise Zone designation make this a truly unique opportunity.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Martinsville
County
Henry
State
Virginia
Longitude
-79.8752
Latitude
36.6928
More about this property
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