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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
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White River Commercial Land
Updated: Feb 13
White River Commercial Land

4440 State Road 37 N, Martinsville, IN 46151

$6,800,000
29.87 AC lot
29.87 acres of commercial land across two parcels
One parcel zoned B2; the second has B3 zoning in front and Agricultural zoning in the rear
Rear of the property adjoins the White River
Electrical utilities reported on site; other utilities are near the location
Adjacent to newly constructed roundabouts on Henderson Ford Road along the I‑69 corridor
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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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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 Waterfront Lot Package
Residential Waterfront Lot Package

Lake S Drive, Martinsville, IN 46151

$359,000
2.82 AC lot

Four adjoining wooded lots with road frontage and waterfront access, offered in a residential setting.

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Residential Land Parcel
Residential Land Parcel

Kristi Road N, Martinsville, IN 46151

$350,000
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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Land
Land

1740 Haven Trl, Martinsville, IN 46151

$150,000
218,279 sqft

Residential land & home lots · 218,279 SF

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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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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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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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Residential Lot in Rolling Hills
Residential Lot in Rolling Hills

Paris Drive, Martinsville, IN 46151

$154,000
2.49 AC lot

2.5 acre building lot with utilities in Martinsville, IN.

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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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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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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 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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Commercial Land Outlot Opportunity
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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Non-Buildable Waterfront Retreat Lot
Non-Buildable Waterfront Retreat Lot

Kinnington Road, Martinsville, IN 46151

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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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Retail-Adjacent Development Land
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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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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Commercial Land Adjacent to Grand Valley Center
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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Membership Waterfront Lot
Membership Waterfront Lot

Rembrandt Drive, Martinsville, IN 46151

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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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Agricultural Farmland
Agricultural Farmland

00D Waverly Road, Martinsville, IN 46151

$759,750

Agricultural-zoned land in Morgan County with a GPS-friendly location.

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Wooded Membership Lake Lot
Wooded Membership Lake Lot

Cherry Court, Martinsville, IN 46151

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0.50 AC lot

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

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Martinsville, IN Land Market Trends and Statistics

Explore 97 land for sale in Martinsville, IN, showcased through 97 active listings on our real estate platform. These investment opportunities span a total of 27,074,412 square feet of properties for sale, with an estimated market value of $37,241,869.

Sale prices for lots in Martinsville, IN start at $30,999, averaging $459,776, 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

Residential land & home lots 40
Commercial land 23
Agricultural land / Farmland 11
Waterfront Land 9
Recreation land 7

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 $454K
Monrovia - 46157 $500K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Morgan County

Retail

Property Size Breakdown

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

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