Property profile

208 Lester St Martinsville, VA 24112

OFF-MARKET
Office buildings
Property ID
US87-2516297
7,030 SF 0.89 ac lot Built 1983
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Total area 7,030 SF
Lot 0.89 ac (38,681 SF)
Zoning code ED-G
APN 23 (01 )00 /22
UPID US87-2516297

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
  • Gas Company
  • Physician

Location

208 Lester St Martinsville, VA 24112-2821
Martinsville metro Census 200 MARTINSVILLE, VA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

ED-G · Martinsville, VA
Zoning description

ED-G Economic Development General District (formerly M-1) ED-I Economic Development Intensive District (formerly M-2) TND-O Traditional Neighborhood Development Overlay District (new overlay district) EC-O Entrance Corri…

General category INDUSTRIAL

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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