Property profile

8 Main St Martinsville, VA 24112

OFF-MARKET
Office buildings
Property ID
US87-3273606
3,950 SF 0.04 ac lot Built 1914
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1914
Total area 3,950 SF
Lot 0.04 ac (1,960 SF)
Zoning code C-UB
APN 32 (01 )I /02
UPID US87-3273606

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8 Main St Martinsville, VA 24112
Martinsville metro Census 300 MARTINSVILLE, VA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

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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