$700,000

384 W Commonwealth Blvd Martinsville, VA 24112

Estimated payment $4,430/month

Total Views 18,683
1.27 Acres
$551,181 Price per Acre
55,321 Sq Ft Lot

About This Lot

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

Listing Agent

Lindsey Godlove

Berry-Elliott, REALTORS Brokerage Email: 2766561111, dberry@berryelliott.com License #0225258391 Listed on: 04/01/2025

Property Details

Property Type

  • Land

Lot Details

  • 1.27 Acre Lot

Community Details

  • Martinsville Subdivision

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Land
  • Prop. Type: Land
  • Subdivision Name: Martinsville
  • Attribution Contact: 2766561111, dberry@berryelliott.com
  • Special Features: None

Exterior Features

  • Lot Features: Lot

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available

Lot Info

  • Lot Size Sq Ft: 55321.2

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Price Changed $700,000 -17.6% --
04/01/2025 04/01/25 For Sale $849,000 -- --
Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 144674