175 Mehler Ln Martinsville, VA 24112-2037
- Commercial real estate
- 29.60 lot acres
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
-
AI approach
- Method
- Estimation
- ML approach
- $535,000
Get a detailed, property-specific valuation — 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
