Retail
$1 Auction – 1.41 Acre Parcel | Dollar General Adjacent | 6K VPD | Martinsville, VA Area
adj. to 39 Log Manor Rd, Spencer, VA 24165
Starting Bid: $1
Investment Overview
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3353/land/spencer/va
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, this 1.41-acre parcel adjacent to 39 Log Manor Rd in Spencer, VA is offered via a $1 starting-bid auction in the Martinsville, VA market. The vacant, unimproved site sits immediately next to an operating Dollar General and fronts a corridor carrying approximately 6,000 vehicles per day, positioning it as a ready-to-build pad for a retail, service, or quick-service user. With no existing improvements, a buyer can move directly to entitlement and construction, capturing the daily traffic and rooftop demand already established by the adjacent anchor. The $1 starting bid structure creates a transparent, competitive bidding environment with no reserve-driven floor discouraging early interest, giving investors and developers a clear path to acquire a small-format retail development site in a traffic-generating location at a price the market itself will set.
$1 Auction – 1.41 Acre Parcel | Dollar General Adjacent | 6K VPD | Martinsville, VA Area
Investment Highlights
- ABSOLUTE $1 AUCTION | 1.41 Acre Parcel | Dollar General Adjacent | 6K VPD | Martinsville, VA Area | AUCTION SEPTEMBER 22-24
- Direct Adjacency to Dollar General Retail - Parcel sits immediately adjacent to an operating Dollar General, anchoring built-in daily traffic.
- 6,000 Vehicles Per Day Traffic Count - Site fronts a corridor carrying approximately 6,000 vehicles daily, supporting retail visibility.
- 1.41-Acre Site Offers Development Upside - Vacant 1.41-acre parcel provides a ready-to-build pad site for retail or service use.
- Absolute $1 Auctio - First Bid Meets Reserve!
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic
Retail
$1 Auction – 1.41 Acre Parcel | Dollar General Adjacent | 6K VPD | Martinsville, VA Area
Starting Bid: $1
Investment Highlights
- ABSOLUTE $1 AUCTION | 1.41 Acre Parcel | Dollar General Adjacent | 6K VPD | Martinsville, VA Area | AUCTION SEPTEMBER 22-24
- Direct Adjacency to Dollar General Retail - Parcel sits immediately adjacent to an operating Dollar General, anchoring built-in daily traffic.
- 6,000 Vehicles Per Day Traffic Count - Site fronts a corridor carrying approximately 6,000 vehicles daily, supporting retail visibility.
- 1.41-Acre Site Offers Development Upside - Vacant 1.41-acre parcel provides a ready-to-build pad site for retail or service use.
- Absolute $1 Auctio - First Bid Meets Reserve!
Investment Overview
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3353/land/spencer/va Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, this 1.41-acre parcel adjacent to 39 Log Manor Rd in Spencer, VA is offered via a $1 starting-bid auction in the Martinsville, VA market. The vacant, unimproved site sits immediately next to an operating Dollar General and fronts a corridor carrying approximately 6,000 vehicles per day, positioning it as a ready-to-build pad for a retail, service, or quick-service user. With no existing improvements, a buyer can move directly to entitlement and construction, capturing the daily traffic and rooftop demand already established by the adjacent anchor. The $1 starting bid structure creates a transparent, competitive bidding environment with no reserve-driven floor discouraging early interest, giving investors and developers a clear path to acquire a small-format retail development site in a traffic-generating location at a price the market itself will set.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic
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