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    665 Morton Ave Martinsville, IN 46151

    For Sale
    $625,000

    Commercial Land - Martinsville, IN

    Lot size:
    2.71 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 8 at 9:06 am

    Property Features for 665 Morton Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    55-13-09-110-001.001-021
    Lot size
    2.71 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Acclaimed Properties (812) 332-3001 [email protected]

    Listing agent AJ Bowlen (812) 332-3001 License #RB16000753

    Listing date Nov 8, 2025

    MLS# 202436860 Listing URL

    Copyright © 2025 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land For Sale/Lease

    This 2.71-acre parcel, zoned Commercial B2, is available for sale or lease. It features frontage on SR39, providing high visibility and traffic counts. The location offers convenient access to both I-69 and SR67, making it suitable for various retail uses. The property is located in Martinsville, Indiana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.43533
    Latitude
    39.411981

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    FAQs

    What type of property is this?
    Commercial land - 2.71 acre commercial land parcel in Martinsville, Indiana.
    Where is this commercial land located?
    The property is located at 665 Morton Ave Martinsville, IN.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - 2.71 acre parcel zoned Commercial B2.; - **High visibility location with frontage on SR39.**; - High traffic counts.
    (812) 332-3001
    Request Owner's contact information
    665 Morton Ave Martinsville, IN 46151
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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
    665 Morton Ave Martinsville, IN 46151
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