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40.593 acres of Investment Land For Sale in Henry County VA!
Description
For immediate assistance with this listing call Matt Muehleck at 276-340-8538 .
40.593 acres - Investment Property - Potential Commercial Property. Call Matt Muehleck at 276-340-8538 to schedule a showing today!
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. The sky is the limit for this area on HWY 58 because of the growing attraction of Caesars Virginia expected to be finished in Danville in 2024. “Property plans include a 500-room hotel and a world-class casino gaming floor with over 1,300 slots, 85 live table games, 24 electronic table games, a WSOP poker room and a Caesars Sportsbook. In addition, the resort will feature a full-service spa, pool, high-quality bars and restaurants, a 2,500-seat state-of-the-art live entertainment theater and 40,000 square feet of meeting and convention space.” Martinsville is well-known for the Martinsville Speedway and NASCAR racing. Crowds rush to this area from all over the country to enjoy the sport of racing and all that comes with it. Sports in entirety is an attraction for the city of Martinsville. The Smith River Sports Complex, which is just minutes down the road from this property, has the attraction of hundreds of families, friends, and sports teams all year long.
Why invest? Martinsville’s strategic location, coupled with its economic momentum, presents an unparalleled opportunity for substantial returns on investment. Whether you’re looking to develop a large-scale commercial project or hold the land for future appreciation, this property offers the perfect foundation for your investment goals.
Don’t miss out on the exceptional investment opportunity! Invest in the future of Martinsville today and secure your stake in one of Virginia’s most promising commercial corridors!
Links of Interest:
For more information on this and other land for sale in Henry County, contact Matt Muehleck at 276-340-8538 or by email at mmuehleck@mossyoakproperties.com, or visit landandfarmsrealty.com.
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