Martinsville, IN Commercial Land for Sale

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Updated: Feb 13

Commercial Land with B2 and B3 Zoning

4440 State Road 37 N, Martinsville, IN 46151

$6,800,000

29.87 AC lot

29.87‑acre commercial land site with one parcel zoned B2 and a second parcel zoned B3 at the front
Second parcel’s rear portion is zoned Agricultural
Rear of the property backs up to the White River
Electrical utilities on site; other utilities near the location
Adjacent to newly constructed roundabouts on Henderson Ford Road along the I‑69 corridor in Morgan County

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Updated: Dec 9, 2025

1-Acre Commercial Land Lot

555 Commercial Boulevard, Martinsville, IN 46151

$300,000

1.03 AC lot

1‑acre commercial lot for development in town
Convenient access just off I‑69
Public sewer available
Area surrounded by established shopping, residential neighborhoods, and restaurants

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Commercial Land Parcel on SR39

665 Morton Avenue, Martinsville, IN 46151

$500,000

2.71 AC lot

2.71-acre parcel zoned Commercial B2 with SR39 frontage in a highly visible, high-traffic setting.

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Prime Land Near I-69 Connector

383 Grand Valley Blvd., Martinsville, IN 46151

$4,000,000

40 sqft

40+/- acres for sale/lease near Walmart, I-69 connector.

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Commercial Land Parcel Zoned B2 and B3

Wysscraft Lane, Martinsville, IN 46151

$5,800,000

10.00 AC lot

Commercial site with B2 and B3 zoning and electrical utilities on site.

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Commercial Land Tract

905 Plaza Drive, Martinsville, IN 46151

$1,200,000

2.06 AC lot

B2-zoned land offering development flexibility with strong regional visibility from I-69.

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Agricultural Zoned Commercial Land

2119 E Morgan Street, Martinsville, IN 46151

$75,000

0.63 AC lot

Commercial land zoned agriculture at a noted intersection, suited for small-business development planning.

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Commercial Land Parcel with SR39 Frontage

665 Morton Avenue, Martinsville, IN 46151

$625,000

2.71 AC lot

2.71-acre B2-zoned parcel with SR39 frontage, providing easy access to I-69 and SR67.

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Commercial Land Outlot Opportunity

1402-1404 Crabapple Ct, Martinsville, IN 46151

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1.25 AC lot

Up to 33 acres available for sale or ground lease adjacent to a Walmart-anchored shopping center.

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Retail-Adjacent Development Land

1404 Crabapple Ct, Martinsville, IN 46151

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1.26 AC lot

Up to 33 acres available for sale or ground lease adjacent to Grand Valley Center shadow-anchored by Walmart.

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Commercial Land Near Shopping Center

1398 Crabapple Ct, Martinsville, IN 46151

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1.25 AC lot

Up to 33 acres available for sale or ground lease adjacent to a shadow-anchored retail center.

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Commercial Land Adjacent to Grand Valley Center

229 Grand Valley Blvd, Martinsville, IN 46151

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1.13 AC lot

33 acres of commercial land with outlot availability adjacent to Grand Valley Center, connected via the New South Connector to I-69.

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Outlot Land Adjacent to Walmart Center

1398 Crabapple Ct, Martinsville, IN 46151

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1.25 AC lot

Multiple outlots are available adjacent to Grand Valley Center near a New South Connector to I-69 interchange.

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Commercial Land Near Walmart Shadow Center

1398 Crabapple Ct, Martinsville, IN 46151

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1.26 AC lot

1 to 33 acres are available for sale or ground lease adjacent to Grand Valley Center shadow-anchored by Walmart.

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Commercial Land for Ground Lease

229 Grand Valley Blvd, Martinsville, IN 46151

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1.08 AC lot

Up to 33 acres are available for sale or ground lease adjacent to a 45,000-square-foot shopping center.

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2 Acre Tract I69 Visibility

905 Plaza Dr, Martinsville, IN 46151

$1,200,000

2.06 AC lot

2 acre commercial land tract with high I69 visibility.

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Commercial Outlots Adjacent to Shopping Center

383 Grand Valley Blvd, Martinsville, IN 46151

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6.50 AC lot

33-acre outlot land adjacent to Grand Valley Center, accessed via the New South Connector to the I-69 interchange.

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Divisible Retail Development Land

385 Grand Valley Blvd, Martinsville, IN 46151

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8.00 AC lot

Divisible ground for sale or ground lease, totaling 8 acres adjacent to Grand Valley Shopping Center.

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Retail-Adjacent Outlot Land

383 Grand Valley Blvd, Martinsville, IN 46151

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16.00 AC lot

Outlot land totaling up to 33 acres near a Walmart-anchored 45,000 sq. ft. shopping center.

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Commercial Land Development Site

1200 Morton Ave, Martinsville, IN 46151

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0.98 AC lot

Nearly one-acre commercial land site with easy access from an I-69/37 exit.

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Commercial Land Near Walmart

383 Grand Valley Blvd, Martinsville, IN 46151

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5.95 AC lot

5.95-acre commercial land near Walmart in Martinsville, Indiana.

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Zoned Industrial Outlot Parcels

1201 S Ohio St, Martinsville, IN 46151

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3.25 AC lot

Three I-2 outlot parcels near the new I-69 on/off ramp, suitable for many uses including retail.

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I-2-Zoned Industrial Land Parcel

1201 S Ohio St, Martinsville, IN 46151

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1.62 AC lot

Outlot land offers highway access and sits within a growing commercial corridor near Martinsville.

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Industrial Zoned Outparcels

1201 S Ohio St, Martinsville, IN 46151

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0.80 AC lot

Three I-2 zoned outlot parcels are available, positioned within a short drive of the I-69 interchange.

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Martinsville, IN Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Martinsville, IN, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 4,471,038 square feet of properties for sale, with an estimated market value of $20,500,000.

Sale prices for commercial lots in Martinsville, IN start at $75,000, averaging $2,277,777, and reaching up to $6,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 32K

Population Growth (5Y) +1.7%

Median Household Income $77,724

College Educated 26.4%

High-Yield Neighborhoods for Investment

Identify Martinsville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46151	$2.3M

Taxes & Financing

Tax Rate (average for all types) 1.52%

Property Tax per SF $25.34 per SF

Tax Rate vs County Average 0.40 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morgan County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Martinsville fall within the 5 to 10 acres range.

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