Skip to main contentSkip to navigation
1 / 24
Images
Map
Land id
Street

Land for Sale in Martinsville, Virginia

A.l. Philpott Hwy, Martinsville, VA 24112

$300,000
40.6 acres
Active
Est $2,238/mo

For immediate assistance with this listing call John Perez at 252-325-4766

40.593 acres - Investment Property - Potential Commercial Property. Call John Perez at 252-325-4766 to schedule a showing today!

Unlock the potential of 40.593 acres of prime investment land strategically located in Martinsville, Virginia. This expansive property offers a unique opportunity for visionary developers and investors seeking to capitalize on commercial opportunities and growth in a thriving region.

This 40.593 acre of versatile land is located conveniently between Martinsville and Danville, VA, with excellent road frontage on Highway 58. There are two predominantly flat terrain locations on the property, ideal for development and construction. The larger area is located at a four-way intersection with easy access off of Stoney Mountain Road. The smaller area is located perfectly across from a crossover on HWY 58. With approximately 2000 feet of road frontage on U.S. Route 58 ensures very high visibility and traffic flow.

Martinsville is a growing economic center with a diverse mix of retail, industrial, and service-based businesses. The area is experiencing steady economic development, making it a promising location for long-term investment. The sky is the limit for this area on HWY 58 because of the growing attraction of Caesars Virginia expected to be finished in Danville in 2024. "Property plans include a 500-room hotel and a world-class casino gaming floor with over 1,300 slots, 85 live table games, 24 electronic table games, a WSOP poker room and a Caesars Sportsbook. In addition, the resort will feature a full-service spa, pool, high-quality bars and restaurants, a 2,500-seat state-of-the-art live entertainment theater and 40,000 square feet of meeting and convention space." Martinsville is well-known for the Martinsville Speedway and NASCAR racing. Crowds rush to this area from all over the country to enjoy the sport of racing and all that comes with it. Sports in entirety is an attraction for the city of Martinsville. The Smith River Sports Complex, which is just minutes down the road from this property, has the attraction of hundreds of families, friends, and sports teams all year long.

Why invest? Martinsville's strategic location, coupled with its economic momentum, presents an unparalleled opportunity for substantial returns on investment. Whether you're looking to develop a large-scale commercial project or hold the land for future appreciation, this property offers the perfect foundation for your investment goals.

Don't miss out on the exceptional investment opportunity! Invest in the future of Martinsville today and secure your stake in one of Virginia's most promising commercial corridors!

Links of Interest:

Location

Street address
A.l. Philpott Hwy
Elevation
942 feet
Coordinates
36.6743, -79.7455

Property details

Acreage
40.59 acres
Posted

Resources

Listing history

DateEventPriceChangeSource
June 20, 2024New listing$300,000Listing agent
Subscribe to listing updates

Payment calculator

This 40.59-acre property is located at A.l. Philpott Hwy in Martinsville, VA 24112. The property is available for sale for $300,000 with a price per acre of $7,391.

Updated

Report listing issue
Contact listing agent Message rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact