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REIT Sale | 93,434 SF Vacant Flex/Industrial 980 Beaver Creek Dr 93,000 SF Flex Building Martinsville, VA 24112 $173,063 CAD ($1.86 CAD/SF)

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $173,063 CAD
Price Per SF $1.86 CAD
Sale Type Investment
Property Type
Flex
  • Flex Light Manufacturing
  • Flex Telecom Hotel Data Hosting
  • FlexLight Distribution
Building Class B
Lot Size 13.77 AC
Rentable Building Area 93,000 SF
No. Stories 2
Year Built 2012
Tenancy Single
Parking Ratio 5.33/1,000 SF
Opportunity Zone Yes
Zoning I1 - Low density industrial zoning.

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 93,000 SF
  • Office
  • Full Build-Out
  • Now

±93,000 s.f. Class A building with call center operations infrastructure and office space. Structural steel, precast concrete wall, TPO roof and glass structure. ±12,000 s.f. training mezzanine with floor to ceiling glass and terrazzo floors with view of surroundings and work floor. Located in the Patriot Center. Modern work facilities with high-end finishes. •Existing furniture systems available •Offers an accelerated occupancy solution •Heavy infrastructure; power and broadband •Ample on-site parking

Space Size Space Use Condition Available
1st Floor 93,000 SF Office Full Build-Out Now

1st Floor

Size
93,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 93,000 SF
Space Use Office
Condition Full Build-Out
Available Now

±93,000 s.f. Class A building with call center operations infrastructure and office space. Structural steel, precast concrete wall, TPO roof and glass structure. ±12,000 s.f. training mezzanine with floor to ceiling glass and terrazzo floors with view of surroundings and work floor. Located in the Patriot Center. Modern work facilities with high-end finishes. •Existing furniture systems available •Offers an accelerated occupancy solution •Heavy infrastructure; power and broadband •Ample on-site parking

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
123890000
Land Assessment
$343,966 CAD
Improvements Assessment
$12,476,925 CAD
Total Assessment
$12,820,891 CAD
  • Listing ID: 38267846

  • Date on Market: 2025-10-30

  • Last Updated:

  • Address: 980 Beaver Creek Dr, Martinsville, VA 24112

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