$1 Auction – 1.41 Acre Parcel | Dollar General Adjacent | 6K VPD | Martinsville, VA Area

Starting Bid $1

Auctioneer: Lamar P. Fisher

Auctioneer Company: Fisher Auction Company Inc.

Auctioneer License: 2907003627 

Auctioneer License 2: Co:2908000783

• ±1.41-Acre Commercial Site Beside Retail: Parcel sits next to Dollar General in Spencer, creating immediate visibility and retail adjacency.
• US-58 Frontage with Strong Daily Exposure: Approximately 6,827 vehicles pass the property each day along this established regional corridor.
• Expansive 10-Mile Consumer Trade Area: Nearly 36,633 people live within 10 miles, with average household income of approximately $62,876.
• Flexible B-1 General Commercial Zoning: District allows a range of business, service, retail, and other permitted commercial uses.
• Absolute $1 Auction – NO RESERVE!

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, the Property is a ±1.41-acre commercial development site adjacent to 39 Log Manor Road in Spencer, Virginia (the “Property”) and FIRST BID MEETS RESERVE. The Property is positioned along US-58 with exposure to ±6,827 vehicles per day and sits directly adjacent to Dollar General. Zoned B-1, General Commercial, the site supports a broad range of retail, restaurant, service, and other commercial uses, providing flexibility for future development. Nearby demand drivers include Blue Ridge Airport, Stuart Hill Bed and Breakfast, USPS, and the broader Martinsville trade area. Spencer is located in Henry County near the North Carolina border, offering access to the southern Virginia and northern North Carolina region. The surrounding ±10-mile trade area includes ±36,633 residents with an average household income of ±$62,876.