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    50 W Rose St Martinsville, IN 46151

    For Sale
    $600,000

    Industrial - Martinsville, IN

    Type:Industrial
    Property size:
    1,326 SF
    Lot size:
    10.40 Acres
    Days on Market:
    173
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 50 W Rose St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    Zoning
    Commercial Industrial
    APN
    550933130003100021
    Size
    1,326 SF
    Lot size
    10.40 Acres

    Building Details

    Year built
    1970
    Architectural style
    Other

    GREAT OUTDOORS PROPERTIES (765) 315-9072 [email protected]

    Listing agent Tamara Pellum (765) 315-9072 License #RB14038343

    Listing date Jun 17, 2025

    MLS# 22044781 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Martinsville Commercial Industrial Land Available

    This property features 6 acres of commercial industrial land, complemented by an additional 4.40 acres of residential vacant land suitable for future expansion. The site benefits from road frontage and a location near the highway and railroad tracks. The property includes a small office building with 1326 square feet of living area, a pole barn garage, and an open pole barn for equipment storage. Two access entrances lead into the hard surface industrial area. Located in Martinsville, Indiana, this property presents an opportunity for a business, facility, or factory to be built.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.432276742167
    Latitude
    39.44026878012

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    FAQs

    What type of property is this?
    Industrial property - Commercial industrial property with expansion potential in Martinsville, Indiana.
    Where is this industrial property located?
    The property is located at 50 W Rose St Martinsville, IN.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - 6 Acres of commercial industrial property plus 4.40 Acres of residential land.; - Great location with road frontage near the highway and railroad tracks.; - Hard surface industrial area with two access entrances.
    (765) 315-9072
    Request Owner's contact information
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    Martinsville, IN 46151
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50 W Rose St Martinsville, IN 46151
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