175 Mehler Ln Martinsville, VA 24112
Property Lookup
Property profile & analytics
175 Mehler Ln Martinsville, VA 24112
- Commercial real estate
- 29.60 lot acres
Property ID
US87-1787121
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.
Location Intelligence
Current Use by Public Records
- Mehler Engineered Products, Inc. / Industrial Manufacturer / Production Facility
Property Details for 175 Mehler Ln
- Lot size
- 29.60 lot acres
- Zone code
- I1
- Property type
- Commercial real estate
- APN
- 601770025
- APU
- 601770025
Description
This exceptional Class A industrial property, located at 175 Mehler Ln, Martinsville, VA 24112, offers 153,500 square feet of versatile space ideal for distribution and/or manufacturing operations. Situated on a 29.6-acre lot within the Patriot Centre Industrial Park, this single-tenant building boasts 24' clear heights with 40' x 50' column spacing, providing ample storage and warehouse capabilities. Built in 1995 and renovated in 1999, the facility includes four dock-high doors and is zoned I-1 Industrial, allowing for expansion opportunities. The property benefits from a strategic location providing one-day shipping access to two-thirds of the East Coast US population. Abundant public utilities are available, including water, sewer, natural gas, a generator, and high-speed fiber internet, supporting modern operational needs. The asking price is $9,500,000, translating to $61.89 per square foot, significantly below replacement cost. The strong workforce in the area and readily available infrastructure make this a compelling investment opportunity for businesses seeking efficient and strategically located industrial space. This property presents a rare combination of size, location, and functionality, making it an attractive option for discerning buyers.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $535,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Martinsville
- County
- Henry
- State
- Virginia
- Longitude
- -79.8771
- Latitude
- 36.729
- 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
$27,594
$388,000
$4,583,900
$4,971,900
-
$388,000
$4,583,900
$4,971,900
