Financial
Distress signals
Property profile

2707 Greensboro Rd Martinsville, VA 24112

OFF-MARKET
Other commercial real estate
Property ID
US87-1385000
1.38 ac lot Built 2008
Last sale Oct 2024 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A ±13,569-square-foot freestanding retail building (formerly operated as a Walgreens) is located in Martinsville, Virginia on a 1.38-acre site at the intersection of Greensboro Road (U.S. Route 220) and Rives Road near the south end of town. The property is zoned B1 and includes drive-thru functionality, multiple entrances, and 65 surface parking spaces. It sits on a hard-corner site with direct frontage on U.S. Route 220 and Rives Road at a signalized intersection. The building is configured

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$2.59M
Assessed land$541k
Assessed improvement$2.05M
Effective rate0.55%

Value estimate

· Sep 2026
$900k
$810k – $990k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$126/SF
County average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$93 – $167

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B1
JurisdictionHENRY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.5
Plumbing Service9.2
Tailor Shop9.0

Location

2707 Greensboro Rd Martinsville, VA 24112-9104
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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