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Financial
Distress signals
Property profile

3870 Martin Dr Axton, VA 24054

FOR LEASE
Other commercial real estate
Property ID
US87-3065733
60,000 SF 10.01 ac lot Built 1985
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a warehouse and industrial facility with approximately 75,600 square feet of building area. It is located about 10 miles from Martinsville and approximately one hour from Greensboro.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value · 2023$822k
Assessed land$58k
Assessed improvement$764k
Effective rate0.56%

Value estimate

· Oct 2026
$855k
$770k – $941k
AI approach$855k
Submarket $/SF estimate$650k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
M-1
DIVISION 11. INDUSTRIAL DISTRICT (M-1); LIGHT INDUSTRY SEC. 35-382. PURPOSE This district is established to encourage the development of ...
General categoryINDUSTRIAL
JurisdictionPITTSYLVANIA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply8.9
Auto Parts Store8.6
Furniture Store8.3

Location

3870 Martin Dr Axton, VA 24054
County assessor Recorded deeds · 1 transfer Qualifying 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6478 Irisburg, Axton, VA 24054-3391 $450,000 May 2025 No data
100 A L Philpott, Axton, VA 24054 $1,100,000 Apr 2025 No data
3090 A L Philpott, Axton, VA 24054-4106 $115,000 Mar 2025 No data
1555 Irisburg, Axton, VA 24054-2384 $500,000 Feb 2025 No data
33 Middlebury, Axton, VA 24054-8008 $1,000 Jan 2025 No data
11170 Chatham, Axton, VA 24054-4104 $1,582,133 Aug 2022 1,083 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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