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Land Near Planned Bypass

1604 State Road 252, Martinsville, IN 46151

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For Sale

$2,399,000

Commercial land suitable for retail, hospitality, or medical facilities.

Lot size:

29.35 Acres

HighLights

Strategic location at planned bypass and near SR37/planned I69, offering high visibility and accessibility.
Town plans indicate potential for commercial development (convenient store/gas station, hotel, medical facility).
Water and sewer lines available at the road, simplifying development.
Existing large home with basement and pole barn provides immediate use or potential for repurposing.
Ideal location for a retention pond.
Proximity to hospital enhances appeal for medical‑related development.

We can help!

Contact an agent

Jan Mathis

For Sale

$2,399,000

Commercial land suitable for retail, hospitality, or medical facilities.

Lot size:

29.35 Acres

Added:: Jul 15, 2024
Days on Market:: 722
Last Refresh:: Jun 28 at 8:31 pm

Property Features for 1604 State Road 252

General Information

Standard status: Active
Lot size: 29.35 Acres

We can help!

Contact an agent

Jan Mathis

Listing office Mathis Real Estate

Listing date Jul 15, 2024

Source Exprealty

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

All listing content including descriptions, pricing, images are the copyrighted material of Mathis Real Estate

HighLights

Strategic location at planned bypass and near SR37/planned I69, offering high visibility and accessibility.
Town plans indicate potential for commercial development (convenient store/gas station, hotel, medical facility).
Water and sewer lines available at the road, simplifying development.
Existing large home with basement and pole barn provides immediate use or potential for repurposing.
Ideal location for a retention pond.
Proximity to hospital enhances appeal for medical‑related development.

Overview

This property is situated near a planned bypass and is currently zoned residential. Town plans for the property are available. Water and sewer lines are planned to be at the road. The site contains a large home with a basement and a pole barn located at the end of the driveway. There is a location suitable for a retention pond. The property is positioned across from the hospital on the other side of State Road 37 and the planned I-69. The location is suitable for a convenient store or gas station at the front, with the potential to accommodate a hotel or medical facility behind. Multiple possibilities exist for development.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Martinsville
County: Morgan
State: Indiana
Longitude: -86.3975
Latitude: 39.4258

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For sale
Commercial land
IN
Martinsville
46151
1604 State Road 252

What type of property is this?

Commercial land - Commercial land suitable for retail, hospitality, or medical facilities.

Where is this commercial land 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.

What are key features of this property?

This property features: Strategic location at planned bypass and near SR37/planned I69, offering high visibility and accessibility.; Town plans indicate potential for commercial development (convenient store/gas station, hotel, medical facility).; Water and sewer lines available at the road, simplifying development.