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Property profile & analytics
OFF-MARKET Estimated value $4,930,000
Drug stores

105 Commonwealth W Blvd Martinsville, VA 24112-1806

14,409 SF 1.6 ac lot Built 2004
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US87-2516296
Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2004
Total area 14,409 SF
Lot 1.6 ac (69,696 SF)
Zoning code ED-G
APN 22 (10 )00 /B
UPID US87-2516296
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
Current use
Occupant on record · Public records
  • MedExpress Urgent Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.87M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.93M
Owner & transaction history
Commonwealth Blvd W LLC · 4 yrs held
Commonwealth Blvd W LLC
since 2022
Last sale
$4.8M
2 recorded transactions
2022
$4.8M
2018
$4.4M
Zoning & alternative use
ED-G · Martinsville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 overlay district) HP-O Historic Preservation Overlay District D. - Zoning map. 1. The location and boundaries of t…

Zone name Uptown Business District
General category INDUSTRIAL
Zone area 197.59 ac
Source code of ordinances
Top alternative use upside
Commercial (general) $3.0M +278.1%
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