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Commercial Land for Sale in Martinsville, Virginia

384 W Commonwealth Blvd, Martinsville, VA 24112

$700,000
1.27 acres
Active
$149k drop
Est $5,221/mo

Prime Commercial Lot - Ideal for Your Business or Franchise! Seize this incredible opportunity to establish your business in a high-traffic, pad-ready commercial lot! Strategically located in an Enterprise Zone, this property is already prepped for public water, sewer, gas, and electric--no tap fees required! Positioned with an access road for easy entry, this lot ensures maximum visibility and accessibility for traffic heading both east and west. The surrounding area is booming with major brands--Sheetz, Chick-fil-A, Starbucks, and Jersey Mike's are just down the street, drawing in steady foot traffic. Additionally, a hotel sits next door, increasing potential customer flow. Average traffic count is 19,000 For those considering a Zaxby's franchise, the seller has pre-developed plans available, streamlining your build-out and saving time. This prime location is perfect for entrepreneurs looking to quickly capture market share in a growing area. Zaxby's has previously approved this project; however, parties who are interested in pursuing building a Zaxby's franchise will need to obtain licensing application and final approval from Zaxby's Don't miss out on this exceptional commercial opportunity--bring your vision to life and elevate your portfolio today! Call now for more details! information taken from public records and Seller, prospects advised to execute their due diligence and verify to their satisfaction. Also see MLS#C144673A

Location

Street address
384 W Commonwealth Blvd
Community
Martinsville
Elevation
771 feet

Property details

Acreage
1.27 acres
MLS #
MHPC 144674
Posted

Listing history

DateEventPriceChangeSource
Sept 2, 2025Price drop$700,000$149,000 -17.6%MHPC
Apr 2, 2025New listing$849,000MHPC
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This 1.27-acre property is located at 384 W Commonwealth Blvd in Martinsville, VA 24112. The property is available for sale for $700,000 with a price per acre of $551,181.

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