You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Office buildings

20 Ellsworth St Martinsville, VA 24112-2812

3,948 SF 0.27 ac lot Built 1971
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US87-3218329
Property summary
AI-generated overview

This exceptional Class A office building, located at 20 Ellsworth Street in Martinsville, Virginia, presents a unique owner-user opportunity. Boasting 3,948 square feet of versatile space, this single-story building features eleven offices, two conference rooms, a well-equipped break room with cabinets, sink, refrigerator, and sitting area, and three bathrooms (including a handicap-accessible option). Recently renovated in 2020 and 2023, the property includes new flooring and fresh interior paint. Ample parking is available for twelve vehicles, with convenient handicap access via a rear ramp. Situated on a 0.27-acre lot, the building is zoned C-UB, allowing for diverse uses such as medical, legal, insurance, or shared workspace. The property is currently vacant and offered at $395,000 under a gross lease structure. While under contract with a contingency clause expiring January 18, 2025, the seller is actively seeking backup offers from qualified buyers. This is a fee-simple ownership opportunity in the thriving Uptown Martinsville business district.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1971
Total area 3,948 SF
Lot 0.27 ac (11,761 SF)
Zoning code C-UB
APN 33 (03 )N /08R
UPID US87-3218329
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
  • Epic Health Partners Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Truist Bank · 5 yrs held
Truist Bank
since 2020
Last sale
$160,000
2 recorded transactions
2020
$160,000
2020
Price N/A
Zoning & alternative use
C-UB · Martinsville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20 Ellsworth St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message