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    Martinsville, IN Land for Sale

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    Commercial Land Near Walmart
    Updated: Aug 27
    Commercial Land Near Walmart

    Cramertown Loop, Martinsville, IN 46151

    $1,000,000
    9.95 AC lot
    9.95‑acre commercial land parcel
    Public Sewer serving the site
    Directly across from Grand Valley Health & Rehab
    Immediately behind the Walmart Supercenter
    Located along the Grand Valley Blvd corridor
    View details
    Residential Waterfront Lot Package
    Updated: Jul 24
    Residential Waterfront Lot Package

    Lake S Drive, Martinsville, IN 46151

    $359,000
    2.82 AC lot
    Four adjoining wooded lots totaling approx. 2.82 acres in the Painted Hills Lake Community
    Road frontage with waterfront access on scenic Lake Nebo
    HOA includes access to Lake Holiday, a private 150‑acre ski lake for boating, skiing, tubing, swimming, and fishing
    HOA also includes access to the 46‑acre Lake Nebo for kayaking, paddleboarding, and relaxing on the water
    Community amenities include private beach, swimming pool, clubhouse, members‑only restaurant and bar, and kayak launch
    View details
    Agricultural Farmland Along Interstate
    Agricultural Farmland Along Interstate

    00D Waverly Road, Martinsville, IN 46151

    $759,750
    30.39 AC lot

    Agricultural zoning and Interstate 69 frontage define this Martinsville land offering.

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    Hunting Land with Custom Home
    Hunting Land with Custom Home

    9830 N Low Gap Road, Martinsville, IN 46151

    $2,250,000
    2,019 sqft

    A gated woodland property combines a four-bedroom residence with hunting, timber, and recreational improvements.

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    Residential Land Parcel
    Residential Land Parcel

    Kristi Road N, Martinsville, IN 46151

    $315,000
    1.89 AC lot

    Wooded residential lot in Martinsville with zoning classified as Exempt Religious and convenient access to I-69.

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    Commercial Land with Public Sewer
    Commercial Land with Public Sewer

    555 Commercial Boulevard, Martinsville, IN 46151

    $300,000
    1.03 AC lot

    Commercially zoned land with public sewer near established shopping, residences, and restaurants.

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    Waterfront Residential Land
    Waterfront Residential Land

    2013-2006 S Austin Court, Martinsville, IN 46151

    $200,900
    5.74 AC lot

    Vacant residential lot on a quiet cul-de-sac with waterfront access and water-adjacent building options.

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    Commercial Land Parcel with SR39 Frontage
    Commercial Land Parcel with SR39 Frontage

    665 Morton Avenue, Martinsville, IN 46151

    $500,000
    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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    Residential Lot in Peaceful Subdivision
    Residential Lot in Peaceful Subdivision

    2039 S Austin Court, Martinsville, IN 46151

    $122,000
    3.05 AC lot

    3.05 acre residential lot for building a dream home.

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    Residential Lot in Rolling Hills
    Residential Lot in Rolling Hills

    Paris Drive, Martinsville, IN 46151

    $149,000
    2.49 AC lot

    2.5 acre building lot with utilities in Martinsville, IN.

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    Commercial Land Opportunity Site
    Commercial Land Opportunity Site

    325 Grand Valley Boulevard, Martinsville, IN 46151

    Contact for pricing
    33,976 sqft

    Commercially zoned lot near a newly developed car wash on Grand Valley Boulevard in Martinsville, Indiana.

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    Recreation and Hunting Land Tract
    Recreation and Hunting Land Tract

    5075 W Big Hurricane Road, Martinsville, IN 46151

    $300,000
    20.52 AC lot

    Heavily wooded tract with established off-road trails and a cleared building site with electric on-site.

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    Agricultural Land Parcel
    Agricultural Land Parcel

    7892 N Whiteland Lane, Martinsville, IN 46151

    $413,400
    20.67 AC lot

    The property carries agricultural zoning and lies near I-69.

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    Residential Land Lot with Pond Frontage
    Residential Land Lot with Pond Frontage

    520 Paris Drive, Martinsville, IN 46151

    $167,000
    3.00 AC lot

    Rural homesite with pond frontage, mature trees, and privacy—space to build in a quiet subdivision setting.

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    Residential Lots in Sand Creek
    Residential Lots in Sand Creek

    3116 E Indian Summer Lane, Martinsville, IN 46151

    $199,900
    5.21 AC lot

    5.21 acre residential lot ready for your new home.

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    Non-Buildable Waterfront Lot
    Non-Buildable Waterfront Lot

    Sunnyslope E Drive, Martinsville, IN 46151

    Contact for pricing
    0.32 AC lot

    Non-buildable lot in a residentially zoned private lake community with access to two lakes and extensive recreational amenities.

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    Land
    Land

    939 E Morgan St, Martinsville, IN 46151

    $55,000
    8,799 sqft

    Residential land & home lots · 8,799 SF

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    Non-Buildable Waterfront Retreat Lot
    Non-Buildable Waterfront Retreat Lot

    Kinnington Road, Martinsville, IN 46151

    Contact for pricing
    0.31 AC lot

    Wooded, membership-only lake community lot that is not currently buildable, with access to shared lake and recreation amenities.

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    Land
    Land

    1740 Haven Trl, Martinsville, IN 46151

    $130,000
    218,279 sqft

    Residential land & home lots · 218,279 SF

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    Wooded Corner Home Site Lots
    Wooded Corner Home Site Lots

    E Jackie Court, Martinsville, IN 46151

    $56,000
    0.73 AC lot

    Two wooded, buildable corner lots in a lake community with utilities at the road and a soil test for a septic system.

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    Land
    Land

    4223 N Warwick Rd, Martinsville, IN 46151

    $62,000
    96,006 sqft

    Residential land & home lots · 96,006 SF

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    Membership Waterfront Lot
    Membership Waterfront Lot

    Rembrandt Drive, Martinsville, IN 46151

    Contact for pricing
    0.50 AC lot

    Unimproved, non-buildable waterfront lot in a private lake community with annual member dues for access to amenities.

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    Land
    Land

    Lot #297 E Durham Dr, Martinsville, IN 46151

    Contact for pricing
    23,784 sqft

    Residential land & home lots · 23,784 SF

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    Wooded Membership Lake Lot
    Wooded Membership Lake Lot

    Cherry Court, Martinsville, IN 46151

    Contact for pricing
    0.50 AC lot

    Wooded membership lot in a private lake community on Cherry Court, currently not considered buildable.

    View details
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    Martinsville, IN Land Market Trends and Statistics

    Explore 108 land for sale in Martinsville, IN, showcased through 108 active listings on our real estate platform. These investment opportunities span a total of 26,052,553 square feet of properties for sale, with an estimated market value of $27,843,719.

    Sale prices for lots in Martinsville, IN start at $30,999, averaging $312,850, and reaching up to $3,170,000 — 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

    Residential land & home lots 43
    Commercial land 23
    Agricultural land / Farmland 11
    Waterfront Land 9
    Recreation land 8

    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
    Martinsville - 46151 $276.8K
    Monrovia - 46157 $425K

    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

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Martinsville, IN

    • 46151
    • 46157

    Featured Martinsville Real Estate Agencies

    Realmo connects you with licensed Martinsville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Advisor Realtors
    909 E Morgan St. Martinsville, IN 46151
    Phone: (765) 342-7777
    mailto:[email protected]
    Sadler Real Estate
    610 E Morgan Street Martinsville, IN
    Phone: (765) 342-7474
    New Start Home Realty, LLC
    New Start Home Realty, LLC, 320 W Mitchell Ave. Martinsville, IN 46151
    Phone: (765) 516-3618
    www.newstarthomerealty.com
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