0 A L Philpott Hwy Martinsville, VA 24112
Estimated payment $1,898/month
About This Lot
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.
Listing Agent
Mossy Oak Properties Land and Farm Realty Brokerage Phone: 8444805263 License #0225261380 Listed on: 06/19/2024
Property Details
Property Type
- Land
Lot Details
- 40.59 Acre Lot
- Home fronts a stream
Community Details
- Axton Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | For Sale | $29,000 | -90.3% | -- |
| 06/19/2024 06/19/24 | For Sale | $300,000 | +455.6% | -- |
| 11/18/2021 11/18/21 | Sold | $54,000 | +54.3% | -- |
| 11/09/2021 11/09/21 | Pending | -- | -- | -- |
| 08/19/2021 08/19/21 | Sold | $35,000 | -35.2% | -- |
| 08/16/2021 08/16/21 | Pending | -- | -- | -- |
| 07/14/2021 07/14/21 | For Sale | $54,000 | +54.3% | -- |
| 09/16/2019 09/16/19 | For Sale | $35,000 | -86.5% | -- |
| 09/26/2013 09/26/13 | Sold | $260,000 | -42.2% | -- |
| 07/15/2013 07/15/13 | Pending | -- | -- | -- |
| 02/01/2012 02/01/12 | For Sale | $450,000 | -- | -- |
Source: South Central Association of REALTORS®
MLS Number: 52896
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