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    905 Plaza Dr Martinsville, IN 46151

    For Sale
    $1,200,000

    Retail - Martinsville, IN

    Type:Retail
    Lot size:
    2.06 Acres
    Days on Market:
    325
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 905 Plaza Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    B2
    APN
    551308290001000021
    Lot size
    2.06 Acres

    Building Details

    Architectural style
    Other

    Sadler Real Estate,inc. (765) 342-7474 [email protected]

    Listing agent Jennifer Sadler (765) 346-0200 License #RB14031977

    Listing date Jan 16, 2025

    MLS# 21896122 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 Land Near I-69

    This 2.061-acre commercial land tract is located in Martinsville, Indiana, within Morgan County. Zoned B2, the property offers an excellent location for various uses and benefits from high visibility from I-69.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.4417
    Latitude
    39.405304

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    FAQs

    What type of property is this?
    Commercial land - Two-acre commercial land tract with high visibility near I-69.
    Where is this commercial land located?
    The property is located at 905 Plaza Dr Martinsville, IN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - 2 Acre Tract offers ample space for your vision.; - Excellent Location provides convenience and accessibility.; - Highly Visible from I69, a prime location for exposure.
    (765) 346-0200
    Request Owner's contact information
    905 Plaza Dr 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
    905 Plaza Dr Martinsville, IN 46151
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