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Financial
Distress signals
Property profile

32 Brg S St Martinsville, VA 24112

OFF-MARKET
Office buildings
Property ID
US87-3063774
11,270 SF 1.18 ac lot Built 1999
Last sale Jul 2021 · $950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This office building contains approximately 11,270 square feet and is situated on a 1.83-acre lot. Public remarks indicate it is anchored by the Virginia Department of Corrections Parole/Probation office. The property is located in Historic Uptown Martinsville, with proximity to New College Institute, Martinsville City Hall, and The Memorial Hospital of Martinsville/Henry County, as well as nearby cultural and arts institutions including the Virginia Museum of Natural History and Piedmont Arts,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$906k
Assessed land$134k
Assessed improvement$772k
Effective rate0.99%

Value estimate

· Oct 2026
$850k
$765k – $935k
AI approach$1.06M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-N
C-N Neighborhood Commercial District (formerly C-1) C-UB Uptown Business District (formerly C-2) C-C Corridor Commercial District (former...
General categoryCOMMERCIAL
JurisdictionMARTINSVILLE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.6
Storage Facility11.4
Kitchen & Bath11.3

Location

32 Brg S St Martinsville, VA 24112-6216
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 Hospital, Martinsville, VA 24112 $7,400,000 Feb 2024 29,592 SF
2 Main, Martinsville, VA 24112-2701 $125,000 Nov 2023 4,968 SF
6 Main, Martinsville, VA 24112-2701 $150,000 Nov 2021 3,878 SF
60 Church, Martinsville, VA 24112-6210 $115,000 Sep 2019 4,176 SF
29 Main, Martinsville, VA 24112-2721 $28,600 Oct 2018 8,008 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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