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4.53 Acres of Improved Commercial Land for Sale in Martinsville, Virginia
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Improved Commercial Land for Sale in Martinsville, Virginia

1001 E Church St, Martinsville, VA 24112

$799,000
4.53 acres
Active sale
ago
Est $4,884/mo

Under long term lease to national auto parts retailer. Current appraisal. Triple net lease. Current lease to January 1, 2034, with two extensions of five years each, with rent increases. Signalized intersection. 35+ parking spaces. From 7.51% to 9.50% gross yield over time. 6.64% cap rate and 9.62% discount rate.

6,881
Sq feet
2000
Built

Location

Street address
1001 E Church St
County
City of Martinsville
Zip code
24112
Community
Martinsville
Elevation
1,006 feet
Coordinates
36.6933, -79.8487
Land for sale in Virginia

Property details

Acreage
4.53 acres
MLS #
MHPC 150696
Posted

Parcels

  • 26 (04 )D /31-A

Details and features

Listing

Type
Commercial Sale

Structure

Stories
1

Interior

Rooms
Bathroom x 2

Listing history

DateEventPriceChangeSource
Oct 11, 2026New listing$799,000—MHPC
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This 4.53-acre property is located at 1001 E Church St in Martinsville, VA 24112. The property is available for sale, priced at $799,000. It has a 6,881 square foot structure built in 2000.

Listed by Piedmont Realty, (276) 403-1114

Checked 1 hour agoUpdated Source

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