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    9393 N Waverly Park Rd Martinsville, IN 46151

    For Sale
    $449,900

    Business - Martinsville, IN

    Type:Business
    Property size:
    1,432 SF
    Lot size:
    0.37 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 15 at 1:06 am

    Property Features for 9393 N Waverly Park Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    Commercial B3
    APN
    550613445003000011
    Size
    1,432 SF
    Lot size
    0.37 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1968
    Roof type
    Asphalt
    Architectural style
    Other

    Keller Williams Indy South (317) 882-5900 [email protected]

    Listing agent Mandy McGovern (317) 882-5900 License #RB16001875

    Listing date Nov 4, 2025

    MLS# 22051942 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

    Prime Commercial Corner Lot

    This property offers high visibility and immediate access to I-69 via a new interchange connecting Johnson and Morgan counties. Situated at the intersection of I-69 and 144, the corner lot is located at a roundabout with access from Huggin Hollow Rd. and N Waverly Park Rd. Zoned commercial B-3, the location is suited for a professional office, retail space, day care, veterinary clinic, or brewery. The space can be tailored to meet specific needs. Municipal water and septic are available, with an option to connect to sewer. The existing 1432-square-foot building includes one bedroom, a kitchen, and a sunroom, along with a detached four-car garage or storage area. The current structure can be renovated, or removed. Two parcels are being sold together, totaling 0.37 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.253008
    Latitude
    39.565859

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    FAQs

    What type of property is this?
    Retail space - High-visibility corner lot with immediate I-69 access in Martinsville.
    Where is this retail space located?
    The property is located at 9393 N Waverly Park Rd Martinsville, IN.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: - Immediate access to I-69 via new interchange.; - Prime corner lot location at I-69 and 144 roundabout.; - High visibility and access from two roads (Huggin Hollow Rd. and N Waverly Park Rd.).
    (317) 882-5900
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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
    9393 N Waverly Park Rd Martinsville, IN 46151
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