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Property profile & analytics
OFF-MARKET Estimated value $170,000
Retail space

1016 Church St Martinsville, VA 24112

2,560 SF 0.42 ac lot Built 1987
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US87-2713183
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Total area 2,560 SF
Lot 0.42 ac (18,339 SF)
Zoning code C-C
APN 26 (05 )00 /01R
UPID US87-2713183
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k
Owner & transaction history
Spk LLC · 1 yrs held
Spk LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
C-C · Martinsville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-C Corridor Commercial District (formerly C-3) ED-MA Economic Development Medical Campus District (new district) ED-G Economic Development General District (formerly M-1) ED-I Economic Development Intensive District (formerly M-2) TND-O Traditional Neighborhood Development Overlay District (new overlay district) EC-O Entrance Corridor Overlay District (new…

Zone name Corridor Commercial
General category COMMERCIAL
Zone area 459.02 ac
Source code of ordinances
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