Martinsville, IN Land for Sale

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91 properties

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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: May 4

Agricultural Land with Multiple Uses

00D Waverly Road, Martinsville, IN 46151

$759,750

30.39 AC lot

Approximately 30+/- acres of land
Sewer: septic needed
Located in northern Morgan County near Interstate 69

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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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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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1-Acre Commercial Land Lot

555 Commercial Boulevard, Martinsville, IN 46151

$300,000

1.03 AC lot

Commercially zoned 1-acre lot in Martinsville suited for a variety of development plans.

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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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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

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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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

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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High-Visibility Industrial Development Land

9670 Huggin Hollow Rd, Martinsville, IN 46151

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95,000 sqft

Industrial land with proposed capacity for up to a 750,000 SF advanced manufacturing or life science campus.

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Agricultural Land Parcel

7892 N Whiteland Lane, Martinsville, IN 46151

$413,400

20.67 AC lot

20.67-acre agricultural-zoned parcel near I-69 with septic required for development.

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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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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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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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Two Lakefront Lots in Residential Community

3210 Kestrel Court, Martinsville, IN 46151

$170,000

6.52 AC lot

Two parcels with direct lake frontage and residential zoning, set on a quiet cul-de-sac for a custom lakeside build.

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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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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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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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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

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

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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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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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 91 land for sale in Martinsville, IN, showcased through 91 active listings on our real estate platform. These investment opportunities span a total of 25,667,112 square feet of properties for sale, with an estimated market value of $35,170,218.

Sale prices for lots in Martinsville, IN start at $30,999, averaging $532,882, 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
Martinsville	$478.4K
Monrovia	$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)

Property Size Breakdown

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

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