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    Property profile & analytics

    1101 Brookdale St Martinsville, VA 24112-4500

    • Shopping centers
    • 48,070 SF
    • 8.31 lot acres
    OFF-MARKET
    Value Estimation
    $7,640,000
    Last Sale
    Aug 28, 2023
    $7,475,000
    Location Intelligence
    Property ID
    US87-2659057
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • VA Nails / Nail Salon
    • Shun Xing Chinese Restaurant / Chinese Restaurant
    • Food Lion / Grocery Store
    • BPT Kidz at Martinsville / Physical Therapy Clinic
    • Primo Water Exchange / Bottled Water Supplier

    Property Details for 1101 Brookdale St

    Year built
    1990
    Lot size
    8.31 lot acres
    Property size
    48,070 SF
    Zone code
    C-N
    Property type
    Shopping centers
    Property subtype
    Specialty properties
    APN
    46 (07 )00 /05R
    APU
    46070005R

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,685,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,935,000
      6.5%
      $6,815,000
      7%
      $7,940,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,330,000
      Geo Method
      $6,895,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,335,000
      Retail
      $7,485,000
      Mixed-Use
      $8,245,000
      Hospitality
      $7,365,000
      Educational
      $7,780,000
      Residential Income
      $7,015,000
      Energy
      $8,760,000
      Income-Based Land
      $8,580,000
      Food Service
      $7,590,000

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Martinsville City
    State
    Virginia
    Longitude
    -79.8491
    Latitude
    36.6796
    CBSA code
    32300
    CBSA name
    MARTINSVILLE, VA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $41,612
    $484,900
    $3,718,300
    $4,203,200
    -
    $484,900
    $3,718,300
    $4,203,200

    Comparable in this City

    • Value Estimation by Request
      48,421 SF

      233 Commonwealth W Blvd

      SHOPPING CENTER COMMON AREA • 48,421 SF
      233 Commonwealth W Blvd, Martinsville, VA 24112-1820
      View Details
    • Value Estimation by Request
      16.60 Acres

      730 Church St

      SHOPPING CENTER COMMON AREA • 16.60 Acres
      730 Church St, Martinsville, VA 24112-3102
      View Details
    • Value Estimation
      $330,000
      1.06 Acres

      3230 Chatham Rd

      CHARITABLE ORGANIZATION • 1.06 Acres
      3230 Chatham Rd, Martinsville, VA 24112-0548
      View Details
    • Value Estimation
      $385,000
      5,747 SF

      700 Starling Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 5,747 SF
      700 Starling Ave, Martinsville, VA 24112-4224
      View Details
    • Value Estimation
      $295,000
      6.67 Acres

      Martinsville, VA 24112

      CHARITABLE ORGANIZATION • 6.67 Acres
      Martinsville, VA 24112
      View Details
    • Value Estimation
      $215,000
      0.96 Acres

      1827 Daniels Crk Rd

      CHARITABLE ORGANIZATION • 0.96 Acres
      1827 Daniels Crk Rd, Martinsville, VA 24112
      View Details

    Similar Nearby for Sale

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      Former restaurant in Martinsville's historical corridor with recent upgrades.
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      Martinsville Commercial Parking Lot Opportunity

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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Martinsville

      Retail space available on Commonwealth Blvd in Martinsville, VA.
      100 West Commonwealth Blvd, Martinsville, VA 24112
      View Details
    • Contact for pricing
      77,000 SF

      Cloverleaf Shopping Center Investment

      Martinsville, VA retail center opportunity
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    • $12 SF/Yr
      11,475 SF

      Martinsville Retail Space: 6,075 SF

      Prime retail space in thriving Martinsville, VA.
      2801 Greensboro Rd, Martinsville, VA 24112
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    • Contact for pricing
      213,869 SF

      Patrick Henry Mall Office Suites

      Martinsville, VA Executive Office Space Available
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    • $13 SF/Yr
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      Martinsville Retail Space for Lease

      13,569 SF Former Pharmacy, High Traffic
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      View Details
    • Contact for pricing
      288,254 SF

      Martinsville Retail Center Investment

      Grocery-anchored power center, high traffic.
      240 Commonwealth Blvd, Martinsville, VA 24112
      View Details
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    Martinsville, VA 24112-4500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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