980 Beaver Creek Dr - Flex FOR SALE


Martinsville, VA 24112
$125,000 USD
301-706-4619
980 Beaver Creek Dr, Martinsville, VA for Sale
$125,000 USD
Flex - FOR SALE
1/11
null | Request Cap Rate

980 Beaver Creek Dr
Martinsville, VA 24112


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | 93,434 SF Vacant Flex/Industrial Building | 2012 Built | AUCTION DECEMBER 8-10
  • ±93,434 SF Class-A Industrial/Flex Building: Modern facility with purpose-built flex, industrial, office infrastructure, 2 drive up docks, and 22 ft c
  • High-Quality Construction: Structural steel, precast concrete walls, glass elements, and TPO roof for durability and efficiency.
  • Showpiece Training Mezzanine: ±12,000 SF mezzanine with floor-to-ceiling glass and terrazzo floors overlooking the work floor.
  • Plug-and-Play Delivery: Heavy power (3,000 amps, 480Y/277V) and broadband; supports accelerated occupancy for large teams.
  • Business-Park Setting: Located within the Patriot Centre at Beaver Creek with ample on-site parking and modern workplace finishes.

OVERVIEW

Marcus & Millichap is pleased to present 980 Beaver Creek Drive, a ±93,434 SF Class-A flex/industrial facility with 22 ft clear heights and two drive up docks located in Martinsville, Virginia (the “Property”). This Property presents a rare opportunity for investors, developers, or owner-users to acquire a high quality construction, 2012 built facility with significant repositioning potential. Delivered as a build-to-suit for ICF in 2012, the asset features structural steel and precast construction, a TPO roof, expansive glass, and a ±12,000 SF training mezzanine with floor-to-ceiling glass and terrazzo floors. Situated on 13.76 acres with 496 surface parking spaces, the Property will be delivered vacant and ready for immediate occupancy or redevelopment. On-site parking and modern finishes support large corporate users, while the location offers quick connectivity to VA-174 (0.5 mi), US-58 (4 mi), US-220 (5 mi) and regional airports, with abundant nearby dining/retail and established employers in the business park and surrounding trade area. Zoned I-2 Limited Industrial, the site provides favorable and flexible zoning to accommodate a wide range of adaptive reuse strategies. Martinsville is located in southern Virginia near the North Carolina border and has seen recent redevelopment and new investment come to the area. Manufacturing remains the largest employment sector, with health care and retail trade also playing major roles in the local economy. The Property is located in Patriot Centre, a 1,000 acres business park offering extensive infrastructure including its own fire station, on-site electrical substation, and redundant fiber connectivity. Major tenants operating at the park include Howmet Aerospace, Eastman Chemical Company, Monogram Food Solutions, and Nautica, signaling strong business credibility and regional employment impact across multiple industries.

FOR SALE DETAILS

PRICE

$125,000 USD

PRICE/SF

$1 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

REIT Sale | 93,434 SF Vacant Flex/Industrial

PROPERTY TYPE

Flex

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2012

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

496

LAND DETAILS

LAND ACRES

13.77

LAND SF

599,821

ZONING

I1

APN/PARCEL ID

123890000

ASK ABOUT THIS PROPERTY

Adam SklaverMarcus & MillichapMore Info
301-706-4619

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Adam SklaverMarcus & MillichapMore Info
301-706-4619

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.