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    383 Grand Valley Blvd Martinsville, IN 46151

    For Sale
    Contact for pricing

    5.95 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 5.95-acre commercial land parcel presents a unique investment opportunity in the thriving city of Martinsville, Indiana. Strategically located at 383 Grand Valley Blvd, 46151, this cleared and commercially zoned lot enjoys unparalleled visibility and accessibility. Its prime location near a Walmart Supercenter, which attracts over two million annual visitors, ensures high traffic volume and significant exposure for any future development. The property's proximity to other established businesses, including Dollar Tree, PetSmart, T-Mobile, Wings Etc., and Fast Pace Urgent Care, further enhances its desirability. Martinsville's advantageous position, just 35 miles from Indianapolis and 21 miles from Bloomington, provides easy access to a large and diverse consumer base. The site is ready for immediate development, offering a blank canvas for a wide range of commercial ventures. This exceptional property represents a rare chance to capitalize on a high-demand location with significant growth potential. The property is located in Morgan County and offers excellent visibility and access. This is a truly exceptional opportunity for investors seeking a high-traffic, commercially zoned lot in a rapidly growing area. Don't miss out on this chance to secure a prime piece of real estate in a thriving Indiana market.

    Property Features for 383 Grand Valley Blvd

    General Information

    Property type
    Land
    Lot Size
    259,182 SF

    HighLights

    • ± 5.95‑acre commercially zoned lot in Martinsville, IN.
    • High‑traffic location near Walmart Supercenter (2 million annual visitors), Dollar Tree, PetSmart, T‑Mobile, Wings Etc., and Fast Pace Urgent Care.
    • Excellent visibility and accessibility; ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.408053134691
    Latitude
    39.414567797043

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    FAQs

    What type of property is this?
    Land - 5.95 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at 383 Grand Valley Blvd Martinsville, IN.
    What are key features of this property?
    This property features: ± 5.95-acre commercially zoned lot in Martinsville, IN.; High-traffic location near Walmart Supercenter (2 million annual visitors), Dollar Tree, PetSmart, T-Mobile, Wings Etc., and Fast Pace Urgent Care.; Excellent visibility and accessibility; ready for immediate development.
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    383 Grand Valley Blvd Martinsville, IN 46151
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    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
    383 Grand Valley Blvd Martinsville, IN 46151
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