Zoned Commercial Development
Wysscraft Lane Martinsville, IN 46151
For Sale
$5,800,000
LAND - Martinsville, IN
Lot Size10.00 Acres
Days on Market163
Property Features for Wysscraft Lane
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- B2, B3 and AGRICULTURAL
- Standard status
- Active
- APN
- 551007200002000009
- Lot size
- 10.00 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- S7 T12 R2E PT NE & PT SE 26.669A & S7 T12 R2E PT SE 3.10A
Listing Agency:
CENTURY 21 Scheetz
(317) 881-2100
Listed By:
Mark Linder · License #RB14044403
(317) 844-5111
Added: Feb 13
Changed: Jun 16
Last Checked: Jul 26 at 2:06PM
MLS# 22083019
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Investment Insights
Based on property information with market context.
This offering is a commercial land parcel totaling approximately 10 acres, currently carrying multiple zoning designations including B2, B3, and agricultural. The property includes electrical utilities on site, while other utilities are described as being near the location. Because the intended use will depend on the existing zoning split, the current owner notes that buyers should inquire about current zoning requirements and whether rezoning may be necessary.
The site is located in Morgan County, where the remarks state TIF funds, abatements, and additional incentives may be available through the county. The area development context includes newly constructed double roundabouts on Henderson Ford Road that, according to the remarks, connect to the new I-69 interchange. Martinsville Schools elementary construction is also referenced as underway less than five minutes from the property. The remarks further provide approximate driving distances to downtown Indianapolis, Indianapolis International Airport, Bloomington, and Evansville.
For developers and investors, this land presents a multi-zoning platform that may support a range of commercial approaches, subject to confirmation of applicable zoning and approvals. The seller indicates the 10-acre parcel will need to be officially divided off from an existing nearly 30-acre tract, and directs buyers to see listing 22019668 for the larger parent parcel.
The site is located in Morgan County, where the remarks state TIF funds, abatements, and additional incentives may be available through the county. The area development context includes newly constructed double roundabouts on Henderson Ford Road that, according to the remarks, connect to the new I-69 interchange. Martinsville Schools elementary construction is also referenced as underway less than five minutes from the property. The remarks further provide approximate driving distances to downtown Indianapolis, Indianapolis International Airport, Bloomington, and Evansville.
For developers and investors, this land presents a multi-zoning platform that may support a range of commercial approaches, subject to confirmation of applicable zoning and approvals. The seller indicates the 10-acre parcel will need to be officially divided off from an existing nearly 30-acre tract, and directs buyers to see listing 22019668 for the larger parent parcel.
Key Highlights
- 10 +/− acre commercial development site in Morgan County
- Portions zoned B2 and B3; buyer to inquire about current zoning or possible rezoning
- Electrical utilities are on site; other utilities are near the location
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - Multi-zoned 10-acre commercial parcel with electrical service on site and county TIF incentives available for development.
Where is this commercial land located?
The property is located at Wysscraft Lane Martinsville, IN.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: 10 +/− acre commercial development site in Morgan County; Portions zoned B2 and B3; buyer to inquire about current zoning or possible rezoning; Electrical utilities are on site; other utilities are near the location