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Property profile & analytics
OFF-MARKET
Medical Office Space

435 Commonwealth E Blvd Martinsville, VA 24112-2014

4,773 SF 0.63 ac lot Built 1981
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US87-3254176
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1981
Total area 4,773 SF
Lot 0.63 ac (27,225 SF)
Zoning code ED-MA
APN 25 (11 )00 /A
UPID US87-3254176
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cameron Douglas Physician
  • Garber Tammy Medical Clinic
  • Martinsville Otolaryngology Physician
  • Dr. Steven J. Landau, MD Physician
  • Stateline Heart & Vascular, Dr. Deepak D. Banerjee, MD, Karen Garrett, PA Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Stateline Real Estate LLC · 5 yrs held
Stateline Real Estate LLC
since 2020
Last sale
$300,000
1 recorded transaction
2020
$300,000
Zoning & alternative use
ED-MA · Martinsville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ED-MA Economic Development Medical Campus District (new district) ED-G Economic Development General District (formerly M-1) ED-I Economic Development Intensive District (formerly M-2) TND-O Traditional Neighborhood Development Overlay District (new overlay district) EC-O Entrance Corridor Overlay District (new overlay district) HP-O Historic Preservation Ove…

Zone name Economic Development Medical Campus
General category CIVIC_INSTITUTIONAL
Zone area 255.68 ac
Source code of ordinances
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