Financial
Distress signals
Property profile

16 Church St 18 Martinsville, VA 24112

OFF-MARKET
Retail space
Property ID
US87-2997288
10,800 SF 0.15 ac lot Built 1924
Last sale Apr 2024 · $465,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$220k
Assessed land$17k
Assessed improvement$203k
Effective rate0.99%

Value estimate

· Sep 2026
$465k
$419k – $512k
AI approach$465k

Realmo valuation models over county records and 3 qualifying comparable sales.

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-UB
C-UB Uptown Business District (formerly C-2) C-C Corridor Commercial District (formerly C-3) ED-MA Economic Development Medical Campus Di...
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

16 Church St, Unit 18 Martinsville, VA 24112-6208
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18 Walnut, Martinsville, VA 24112-2727 $200,000 Jan 2026 8,688 SF
20 Brg S, Martinsville, VA 24112-6202 $140,000 Dec 2023 3,968 SF
157 Market, Martinsville, VA 24112-3710 $625,000 Nov 2022 4,812 SF
8 Lester, Martinsville, VA 24112-2827 $320,000 Aug 2022 13,216 SF
105 Commonwealth W, Martinsville, VA 24112-1806 $4,790,000 May 2022 14,409 SF
511 Church, Martinsville, VA 24112-2510 $15,000 Apr 2019 2,912 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16 Church St, Unit 18?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message