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Offering Summary
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, this offering presents a ±0.734-acre infill opportunity at 410 Starling Avenue in Martinsville, Virginia. Formerly improved with a Sonic restaurant, the approximately 31,975-square-foot parcel is now vacant following demolition of the building, while existing paved areas remain in place. The property offers approximately 130 feet of frontage along Starling Avenue, which carries 7,188 vehicles per day, with an additional 11,168 vehicles per day along nearby South Memorial Boulevard. Confirmed R-T Residential Transition zoning allows compatible non-residential uses including restaurants, retail sales, professional offices, medical offices, coffee shops and fitness facilities, subject to site plan review and governmental approvals. The surrounding corridor features Walmart, Lowe’s, Aldi, Kroger, Marshalls, Goodwill, Chick-fil-A, Arby’s and other traffic-generating retailers and restaurants. Within five miles, the market includes approximately 33,775 residents and an average household income of $66,280. With established paving, visible frontage, surrounding retail demand and flexible reuse potential, the property offers investors and developers a compelling Martinsville infill opportunity in a traffic-generating location at a low-cost basis.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
