Property profile

29 Main St Martinsville, VA 24112

OFF-MARKET
Retail space
Property ID
US87-2832491
7,920 SF 0.1 ac lot Built 1947
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1947
Total area 7,920 SF
Lot 0.1 ac (4,312 SF)
Zoning code C-UB
APN 32 (01 )H /10
UPID US87-2832491

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
  • Nightclub Music Venue
  • Telecommunications Service Data Center

Location

29 Main St Martinsville, VA 24112-2719
Martinsville metro Census 300 MARTINSVILLE, VA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2015
1 recorded transaction
2015
$106,700

Zoning & alternative use

C-UB · Martinsville, VA
Zoning description

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 Economic Development General District (formerly M-1) ED-…

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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