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
Individually Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1924
Total area 10,800 SF
Lot 0.15 ac (6,360 SF)
Zoning code C-UB
APN 32 (01 )J /04
UPID US87-2997288

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Location

16 Church St, Unit 18 Martinsville, VA 24112-6208
Martinsville metro Census 300 MARTINSVILLE, VA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$465k

Owner & transaction history

since 2024
Last sale
$465,000
3 recorded transactions
2024
$465,000
2022
Price N/A
2021
$175,000

Zoning & alternative use

C-UB · Martinsville, VA
Zoning description

C-UB Uptown Business District (formerly C-2) 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-…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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