Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    282 252 Ln Martinsville, IN 46151

    For Sale
    $350,000

    Prime Retail Opportunity in Martinsville, Indiana.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional retail property, located at 282 S 252 Lane Unit 252, Martinsville, IN, presents a significant investment opportunity. The property boasts a substantial 1.78-acre lot, offering ample space for development or expansion. The property's zoning and permitted uses should be verified independently with the relevant authorities. The asking price is $350,000. Given the size of the lot and its location in Martinsville, this property is well-suited for a variety of retail ventures. The property's current condition and any necessary renovations or improvements are the responsibility of the buyer to assess and undertake. Prospective buyers are encouraged to conduct their own due diligence, including but not limited to, a thorough site inspection, environmental review, and zoning verification. Detailed information regarding the property's square footage is not currently available. This property is being offered as-is. Serious inquiries only. All information provided is deemed reliable but not guaranteed and should be independently verified. This is a unique opportunity to acquire a substantial retail property in a desirable location. Contact us today to schedule a showing and explore the potential of this exceptional investment.

    Property Features for 282 252 Ln

    General Information

    Property type
    Retail properties
    Lot Size
    77,537 SF

    Building Details

    Year Built
    1961
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Nail Salon Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.39632
    Latitude
    39.42554

    Nearby Similar for Sale

    • $449,900
      1,432 SF

      Prime Commercial Corner Lot

      High-visibility corner lot with immediate I-69 access in Martinsville.
      9393 N Waverly Park Rd, Martinsville, IN 46151
      View Details
    • $229,900
      0.20 Acres

      Martinsville Office/Showroom with Development Potential

      Prime location office space in developing Martinsville, near I-69.
      610 E Morgan St, Martinsville, IN 46151
      View Details
    • $435,000
      5,934 SF

      Updated Retail Building in Downtown

      Updated commercial building in revitalized downtown Martinsville, Indiana.
      159 N Main St, Martinsville, IN 46151
      View Details
    • $229,900
      1,390 SF

      Martinsville Office Ready for Business

      Turn-key office space in high-traffic area near I-69.
      610 E Morgan St, Martinsville, IN 46151
      View Details
    • $75,000
      0.63 Acres

      Retail Opportunity in Martinsville, IN

      Retail property available for sale in Martinsville, Indiana.
      2119 E Morgan St, Martinsville, IN 46151
      View Details
    • $380,000
      2,580 SF

      Corner Lot Mixed-Use Building

      High-visibility corner lot suitable for retail, office, or auto businesses.
      709 Morton Ave, Martinsville, IN 46151
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Retail Opportunity in Martinsville, Indiana.
    Where is this retail property located?
    The property is located at 282 252 Ln Martinsville, IN.
    What is the asking price?
    The asking price for this property is $350,000.
    (317) 831-9799
    Request Owner's contact information
    282 252 Ln Martinsville, IN 46151
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    282 252 Ln
    Martinsville, IN 46151
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    282 252 Ln Martinsville, IN 46151
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.