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8500 A L Philpott Hwy
Martinsville, VA 24112

Outparcel A · Land For Sale · 0.87 AC

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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.

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Retail
No. Lots	1	Total Lot Size	0.87 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.
Property Subtype	Commercial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail
Total Lot Size	0.87 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.

1 Lot Available

Lot A

Price	$300,000	Lot Size	0.87 AC
Price Per AC	$344,828

Price	$300,000
Price Per AC	$344,828
Lot Size	0.87 AC

0.876 Acre outlot on the corner of US Route 58 and State Route 57.

PROPERTY TAXES

Parcel Number	182025001	Improvements Assessment	$0
Land Assessment	$15,600	Total Assessment	$15,600

PROPERTY TAXES

Parcel Number

182025001

Land Assessment

$15,600

Improvements Assessment

Total Assessment

$15,600

zoning

Zoning Code	B1
B1

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Listing ID: 8693752
Date on Market: 5/27/2011
Last Updated:
Address: 8500 A L Philpott Hwy, Martinsville, VA 24112

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