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    658 Sr 67 Martinsville, IN 46151

    For Sale
    $235,000

    Renovated building, high visibility, multi-use potential.

    Property size:
    3,116 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 3,116 square foot mixed-use building presents a remarkable investment opportunity in Martinsville, Indiana. Situated on a spacious 2.73-acre lot with excellent highway frontage and easy access to State Road 67, this property boasts unparalleled visibility and accessibility. The building has undergone a complete renovation, featuring brand new HVAC systems, a modern water heater, upgraded insulation, and a durable rubber roof system. These significant improvements ensure both energy efficiency and long-term value. Currently operating as a successful dog daycare and boarding facility, the property's versatile layout offers a multitude of potential uses. The main area, measuring 60x41 square feet, includes two 10x10 overhead doors, ideal for loading and unloading or various business operations. A separate office area provides a comfortable and functional workspace, complete with a full bathroom and kitchenette. A welcoming lobby area further enhances the property's appeal. The ample acreage and strategic location make this property an attractive prospect for a wide range of businesses seeking high visibility and convenient access. The existing infrastructure and recent renovations minimize upfront capital expenditures, allowing for immediate occupancy and operational efficiency. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a prime location.

    Property Features for 658 Sr 67

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,116 SF
    Lot Size
    118,919 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.45211
    Latitude
    39.43739

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    FAQs

    What type of property is this?
    Mixed-use property - Renovated building, high visibility, multi-use potential.
    Where is this mixed-use property located?
    The property is located at 658 Sr 67 Martinsville, IN.
    What is the asking price?
    The asking price for this property is $235,000.
    (317) 888-3303
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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
    658 Sr 67 Martinsville, IN 46151
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