433 Commonwealth E Blvd Martinsville, VA 24112-2020
Property profile & analytics
433 Commonwealth E Blvd, Martinsville, VA 24112-2020
- Office buildings
- 17,578 SF
- 1.14 lot acres
Property ID
US87-3099237
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Martinsville Center for Sight / Physician
- Grace Network - Food Distribution Center / Food Bank / Charitable Organization
Property Details for 433 Commonwealth E Blvd
- Year built
- 1981
- Lot size
- 1.14 lot acres
- Zone code
- ED-MA
- Property type
- Office buildings
- APN
- 25 (11 )00 /C1R
- APU
- 251100C1R
Description
This 12,229 square foot, two-story office building at 433 Commonwealth Blvd E, Martinsville, VA 24112, is available for lease. Built in 1981, this former bank headquarters sits on a 1.1-acre lot and is zoned ED-MA. The property features numerous large private offices, spacious training and meeting rooms, a central reception desk, and a comfortable waiting area. A wide spiral staircase connects the ground and second floors. Flexible space options are available, with a minimum divisible space of 5,734 square feet and a maximum contiguous space of 6,495 square feet. The entire 12,229 square feet is currently vacant and ready for immediate occupancy. Ideal for professional services, back-office operations, medical offices, executive suites, or co-working spaces. The building does not have elevators. The property's excellent condition and convenient location make it a highly desirable opportunity. APN: 000980690.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,840,000
- ML approach
- $2,080,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,090,000
Market price range: $656k - $2.22M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,475,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Martinsville
- County
- Martinsville City
- State
- Virginia
- Longitude
- -79.8561
- Latitude
- 36.696
- CBSA code
- 32300
- CBSA name
- MARTINSVILLE, VA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,980
$99,000
$1,111,100
$1,210,100
-
$99,000
$1,111,100
$1,210,100
