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229 Hollie Dr
Martinsville, VA 24112
Industrial Property For Sale


Investment Highlights
- Strategic acquisition opportunity in a proven industrial corridor
- Heavy power and upgraded systems supporting advanced industrial operations
- Functional site layout supporting efficient circulation and future adaptation
- Versatile configuration integrating production, freezer, and high-bay warehouse functions
- Strong regional infrastructure and multi-modal transport proximity
Executive Summary
229 Hollie Drive offers a prime industrial opportunity in Martinsville, VA, within the Virginia South Central Submarket. This 184,864 SF Class B industrial warehouse sits on 9.68 acres and features a functional layout ideal for manufacturing, distribution, or logistics operations. Built in 1991, the property includes 19 dock-high doors, 1 drive-ins, and ample clear height (14’ – 46’) for efficient storage and material handling. Located in Bowles Industrial Park, the site provides excellent connectivity via US Route 220 and US Route 58, with quick access to I-81, I-77, and I-85, making it a strategic hub for regional and interstate freight movement.
Property Facts
| Sale Type | Investment or Owner User | Rentable Building Area | 204,545 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1991 |
| Building Class | B | Tenancy | Single |
| Lot Size | 9.68 AC | Opportunity Zone |
Yes
|
| Zoning | I1 | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 9.68 AC |
| Rentable Building Area | 204,545 SF |
| No. Stories | 1 |
| Year Built | 1991 |
| Tenancy | Single |
| Opportunity Zone |
Yes |
| Zoning | I1 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,451,800 | |
| Land Assessment | $374,500 | Total Assessment | $5,826,300 |
Property Taxes
Parcel Numbers
Land Assessment
$374,500
Improvements Assessment
$5,451,800
Total Assessment
$5,826,300
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