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8500 A L Philpott Hwy - Outparcel D 0.61 Acres of Commercial Land Offered at $185,000 in Martinsville, VA 24112

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Investment Highlights

Heavy daytime traffic.

Executive Summary

Conveniently located on the corner of state route 57 and US route 58 business in Martinsville, Virginia. Centrally located twenty five minutes from Danville, Virginia and twenty five minutes from Chatham Virginia.
Great out parcels perfect for a gas station or fast food restaurants. Located in front of around busy shopping center. The shopping center currently hosts: Food Lion (grocery store), Elizabeth's Pizza and Leatherwood Wash and Dry.

Leatherwood Crossing Shopping Center - Outlot

Property Facts

Price	$185,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Retail
No. Lots	1	Total Lot Size	0.61 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B1 - Business

Price	$185,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail
Total Lot Size	0.61 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B1 - Business

1 Lot Available

Lot D

Price	$185,000	Lot Size	0.61 AC
Price Per AC	$303,278.69

Price	$185,000
Price Per AC	$303,278.69
Lot Size	0.61 AC

0.617 Acre outlot on the corner of state route 57 and US route 58 business in Martinsville, Virginia.

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Aerial
Map

8500 A L Philpott Hwy, Martinsville, VA - Aerial map view

Somewhat walkable

30/100

Exceptionally drivable

100/100

Not bikeable

10/100

Source: Local Logic^®

Property Taxes

Parcel Number	095190000	Improvements Assessment	$2,552,400
Land Assessment	$768,200	Total Assessment	$3,320,600

Property Taxes

Parcel Number

095190000

Land Assessment

$768,200

Improvements Assessment

$2,552,400

Total Assessment

$3,320,600

(276) 656-3121

Contact

Andrew Palmer
The Lester Group

Listing ID: 8693753
Date on Market: 4/12/2010
Last Updated:
Address: 8500 A L Philpott Hwy, Martinsville, VA 24112

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8500 A L Philpott Hwy, Martinsville, VA for sale Aerial- Image 1 of 2 — Aerial

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8500 A L Philpott Hwy - Outparcel D

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