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    273 Grand Valley Blvd Martinsville, IN 46151

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    For Sale
    $1,597,500

    Single tenant Arby's in top 10% performing location.

    Property size:
    2,159 SF
    Lot size:
    1.22 Acres

    Property Features for 273 Grand Valley Blvd

    General Information

    Size
    2,159 SF
    Lot size
    1.22 Acres

    Source: Legacy Real Estate Advisors Agent Jennifer Guajardo

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

    Overview

    Freestanding Arby's in Martinsville, IN

    This single-tenant, freestanding Arby's restaurant is located in Martinsville, Indiana, within the Indianapolis MSA, ranked 33rd in the U.S.A. The property operates under an absolute NNN lease structure, assigning zero landlord responsibilities. Situated in a dense retail corridor, the surrounding area includes nationally recognized tenants such as Walmart, Dollar Tree, and PetSmart. Demographically, the location benefits from over 14,000 residents within a 3-mile radius, with a projected population growth of 2.26% through 2028. Daytime employment exceeds 7,000 people within the same 3-mile radius. The surrounding area is considered affluent, with an average household income approaching $80,000 within a 5-mile radius. The property size is 2,159 square feet. According to Placer.ai, this Arby's location is a top 10% performing location.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.40574
    Latitude
    39.415423

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    FAQs

    What type of property is this?
    Drive through restaurant - Single tenant Arby's in top 10% performing location.
    Where is this drive through restaurant located?
    The property is located at 273 Grand Valley Blvd Martinsville, IN.
    What is the asking price?
    The asking price for this property is $1,597,500.
    What are key features of this property?
    This property features: - Top 10% performing Arby's location (via Placer.ai); - Absolute NNN lease structure (zero landlord responsibilities); - Located in the Indianapolis, IN MSA (ranked #33 in the U.S.A.)
    (248) 450-3257
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    273 Grand Valley Blvd 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
    273 Grand Valley Blvd Martinsville, IN 46151
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