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1313 Morton Ave, Martinsville, IN 46151

Excellent location near I-69 interchange with B3 zoning.

Property SizeContact for details
Days on Market1429

Property Features for 1313 Morton Ave

General Information

Standard status Active
Property subtype Land
Zoning B3
Listing Agency: Advisor Realtors
Listed By: Doug Daniel · License #IN RB14032037
Source: Crexi
Added: Oct 3, 2022 Changed: Aug 15 Last Checked: Aug 30 at 6:36PM

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 Advisor Realtors

Investment Insights

Based on property information with market context.

This commercial land is situated between the I-69 interchange and the new Taco Bell and McDonald's locations, offering over 600 feet of frontage on SR 39. The property's B3 zoning makes it suitable for a variety of uses, including auto parts, retail, office, restaurant, petroleum/fuel, hospitality, hotel, and convenience store. Located just off I-69 on SR 39, the site is conveniently less than 1/4 mile from the I-69/SR-39 interchange, which features both Northbound and Southbound on/off ramps. The property is adjacent to the new Taco Bell location. Currently, there is only one fuel station within 0.85 miles of this interchange. While a sale is preferred, the owner may consider a NNN lease, build-to-suit, or land lease. The preference is to sell the property as a whole, but splitting it into 2-3 parcels may be considered. An additional 1.8 acres are available through a separate listing, seller, and broker, potentially creating a total of just under 5 acres. A partial 1031 exchange is possible. There is a storage facility and dwelling on the site, but no value is attributed to these structures. An estimated 30-60 day vacate time is required after closing.

Key Highlights

  • Prime location with over 600' of SR 39 frontage, ideal for high‑visibility commercial development.
  • Highly desirable B3 zoning permits a wide range of uses.
  • Located less than 1/4 mile from I‑69 / SR‑39 interchange with convenient on/off ramps.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Bakery Locksmith Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby

Demographics for 46151, IN

32,335
Population
13,366
Households
2.4
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
203.6 sq mi
ZIP Area
159
Density / Sq Mi
$77,724
Median Household Income
$45,426
Median Earnings
$978
Median Rent
$219,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Excellent location near I-69 interchange with B3 zoning.
Where is this commercial land located?
The property is located at 1313 Morton Ave Martinsville, IN.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Prime location with over 600' of SR 39 frontage, ideal for high‑visibility commercial development.; Highly desirable B3 zoning permits a wide range of uses.; Located less than 1/4 mile from I‑69 / SR‑39 interchange with convenient on/off ramps.
More about this property
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