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1604 State Road 252 Martinsville, IN 46151

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For Sale
$2,399,000

29.35 Acres, High-Traffic Bypass Location

Property Features for 1604 State Road 252

General Information

Property type
Retail properties & Spaces
Lot Size
1,278,486 SF

Building Details

Year Built
1974

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Listing Contact
Jan Mathis

Listing Agency: Mathis Real Estate Listing Agent: Jan Mathis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 29.35-acre parcel presents a remarkable investment opportunity in Martinsville, Indiana. Strategically situated on State Road 252 at the planned bypass, this property enjoys high visibility and accessibility. Town plans indicate significant development potential, making it ideal for a variety of commercial uses. The site boasts existing infrastructure, including a large home with a basement and a pole barn located at the end of a private driveway. The property is currently zoned residential, but its location and size make it perfectly suited for rezoning to accommodate commercial development. Utilities are planned for the road, including water and sewer lines. A designated area is available for a retention pond, addressing potential environmental needs. The property's configuration lends itself to a mixed-use development, with the front portion ideal for a convenience store or gas station, and the rear portion suitable for a hotel or medical facility, given its proximity to the hospital and the planned I-69. This versatile site offers multiple development possibilities, capitalizing on its prime location and high traffic count. Prior to accessing the property, notification is required for security purposes.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail properties & Spaces

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Center Auto Parts Store

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

Location Insight

  • Map
  • Local Demand
City
Martinsville
County
Morgan
State
Indiana
Longitude
-86.39728
Latitude
39.42533

FAQs

What type of property is this?
Retail property - 29.35 Acres, High-Traffic Bypass Location
Where is this retail property located?
The property is located at 1604 State Road 252 Martinsville, IN.
What is the asking price?
The asking price for this property is $2,399,000.
More about this property
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