Property profile

217 Fayette St Martinsville, VA 24112

OFF-MARKET
Retail space
Property ID
US87-2971511
3,480 SF 0.15 ac lot Built 1957
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1957
Total area 3,480 SF
Lot 0.15 ac (6,621 SF)
Zoning code C-N
APN 22 (01 )00 /19
UPID US87-2971511

Cap rate & NOI

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

Location

217 Fayette St Martinsville, VA 24112-2621
Martinsville metro Census 200 MARTINSVILLE, VA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

Zoning & alternative use

C-N · Martinsville, VA
Zoning description

C-N Neighborhood Commercial District (formerly C-1) 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 Econ…

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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