Martinsville Economic Development Opportunities Report March 2025
Available Properties in Martinsville, VA
Martinsville, Virginia, is a dynamic hub of economic development, seamlessly combining its deep historical roots with a progressive vision for future growth. Situated in the scenic foothills of the Blue Ridge Mountains, this community continues to thrive on its legacy of craftsmanship, resilience, and community spirit — creating opportunities that enrich the lives of all who work, live and play here.
Location, Location, Location
Ranked as one of the best cities to live in the Southeast, Martinsville has that small-town atmosphere with many amenities of the larger metropolitan areas. Situated at the crossroads of U.S. Route 220 and U.S. Route 58, Martinsville, Virginia, serves as a vital access point to the southeastern United States. This prime location places businesses within a day’s drive of more than 60 percent of the U.S. population, offering unparalleled connectivity to key markets. Additionally, the city is well-positioned within a 300-mile radius of major metropolitan hubs, enabling seamless access to a workforce of millions and robust logistics networks.
Major cities within a two- to three-hour drive of Martinsville include Greensboro, N.C., approximately one hour south; Winston-Salem, N.C., approximately 1 1/2 hours southwest; and Durham and Raleigh, N.C., just under two hours southeast. Richmond, Va., and Charleston, W.V., can both be reached in three to four hours. For longer commutes, the Blue Ridge Regional Airport is just 11 miles southwest of the city.
Outdoor enthusiasts can explore the serene beauty of Philpott Lake, perfect for fishing, boating and hiking. They can also enjoy kayaking and fly fishing along the picturesque Smith River. Fairy Stone State Park adds a touch of magic with its unique fairy stones and scenic trails. Racing fans can experience the thrill of NASCAR at the iconic Martinsville Speedway, known as the “Paperclip.”
Philpott Lake
For those who enjoy culture and history, the Virginia Museum of Natural History offers engaging exhibits on fossils and wildlife, while the Martinsville-Henry County Heritage Center and Museum highlight the region’s rich past. Art lovers can visit Piedmont Arts to explore galleries, attend workshops and enjoy performances by local talent. Families will appreciate the Smith River Sports Complex with its walking trails and playgrounds, as well as the Martinsville Uptown Farmers’ Market, which showcases fresh local produce and crafts.
Virginia Museum of Natural History
Recreational opportunities abound with golf courses like Forest Park Country Club and Beaver Hills Golf Course, and craft beverage enthusiasts can visit Scuffle Hill Brewing Company or nearby wineries for tastings. Martinsville also comes alive during seasonal events, such as the Bassett Heritage Festival and the Henry County Fair, offering live music, games and delicious food. With its mix of natural beauty, cultural experiences and community events, Martinsville has something to offer everyone.
Henry County Fair
Why Martinsville?
With a strong tradition of craftsmanship, a community that values resilience, and a commitment to fostering opportunity, Martinsville stands out as a dynamic destination for those looking to build, invest, and succeed.
Because of its strategic location and supportive business environment, many companies have chosen to locate in Martinsville, including:
- American Global Logistics
- Charis Transportation
- Roche
- Dominion Energy
- Fortress Wood Products
- J & R Management Incorporated
- Lester Building Supply
- MINet Solutions
- Phytowerks
The city and surrounding communities have a large pool of available labor, many of whom were trained in new skills after textile and furniture closings. The city’s unique location offers attractive options for transportation and distribution companies as a central community within 40 miles of the new FedEx hub being constructed in Greensboro, N.C.
Uptown Martinsville
In addition, our community offers quality education for youth and adults alike. Martinsville Schools (public) and Carlisle School (private) are both available within the community. According to Newsweek, Martinsville High School has been recognized among the top 3 percent of high schools in the nation. Advanced learning is available at Patrick Henry Community College, a two-year college located three miles north of Martinsville, and New College Institute, which works with colleges and universities in Virginia to provide the second two years of a degree program. Virginia Western Community College in Roanoke and the University of North Carolina at Greensboro are also within a 50-mile commute.
Carlisle High School
Our staff of economic development and municipal officials works with the Virginia Economic Development Partnership, the Tobacco Region Revitalization Commission, the U.S. Economic Development Administration, and other state and federal partners to maximize incentives for companies to do business in Martinsville and Henry County.
The residents of Martinsville are served by a community-focused public utility that prioritizes transparency and local involvement. Governed by the Martinsville City Council, the utility operates with a commitment to serving the best interests of the community. Decisions are made openly, giving citizens a direct voice in shaping policies that affect their daily lives. Residents have a clear understanding of where their power comes from and the factors that influence their utility services, fostering trust and a sense of shared responsibility.
Why not explore Martinsville’s many opportunities and benefits? Call 276-403-5000 or stop by 50 West Church St. to learn more. Success is waiting for you in Martinsville!
Site opportunities include:
- 19 acres of vacant land
Patriot Centre Industrial Park Tract 17A
- 17 acres of vacant land
- 42 acres of vacant land
Patriot Center Industrial Park Tract 4
- 44 acres of vacant land
Patriot Centre Industrial Park Tract 2
- 32 acres of vacant land
Patrick Henry Mall – 30K SF Call Center
- 30,000 sq. ft. of office and call center space
- 200 acres of vacant land
The Clocktower at Commonwealth Centre
- 175,000 sq. ft. of office and call center space
The Clocktower at Commonwealth Centre
Patriot Centre Industrial Park Tract 11
- 23 acres of vacant land
- 22,500 sq. ft. of office, industrial, and warehouse space
- 667,275 sq. ft. of industrial space
Patriot Centre Industrial Park Tract 9N
- 14 acres of vacant land
Public Power and AMP
Public power utilities are not-for-profit, community-owned electric systems that work to provide the highest-quality, most reliable power to residents and businesses. They are part of the communities and focus on what is best for the people and businesses they serve.
American Municipal Power, Inc. (AMP) is the nonprofit wholesale power supplier and services provider for more than 130 Members in the states of Indiana, Kentucky, Maryland, Michigan, Ohio, Pennsylvania, Virginia, and West Virginia, as well as the Delaware Municipal Electric Corporation, a joint action agency with eight Delaware municipal members. Combined, these Member municipal electric utilities serve approximately 650,000 customers. AMP Members receive their power supply from a diversified resource mix that includes wholesale power purchases through AMP and the open market and energy produced at AMP and Member-owned generating facilities utilizing fossil fuel, hydroelectric, solar, wind, and other renewable resources.
For more information about our Member communities and programs, visit searchampsites.com.