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    Property profile & analytics

    610 Morgan St Martinsville, IN 46151

    • Office Properties & Spaces
    • 1,390 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 610 Morgan St

    Year built
    1940
    Lot size
    0.20 lot acres
    Property size
    1,390 SF
    Property type
    Office Properties & Spaces

    Description

    property can be a \""turnkey opportunity\"" to begin operations immediately!! Seller will consider leaving most furniture\/equipment. **NOTE: WITH ONLY ADDITION OF KITCHEN

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.4211
    Latitude
    39.4281

    Comparable in this City

    • Value Estimation by Request
      5.65 Acres

      1360 Gray St

      OFFICE (GENERAL) • 5.65 Acres
      1360 Gray St, Martinsville, IN 46151-1851
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    • Value Estimation by Request
      53,899 SF

      Ns R 42

      OFFICE (GENERAL) • 53,899 SF
      Ns R 42, Martinsville, IN 46151
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    • Value Estimation by Request
      16,562 SF

      100 Church St

      OFFICE (GENERAL) • 16,562 SF
      100 Church St, Martinsville, IN 46151-1325
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    • Value Estimation by Request
      9,054 SF

      189 Indiana St

      OFFICE (GENERAL) • 9,054 SF
      189 Indiana St, Martinsville, IN 46151-2154
      View Details
    • Value Estimation by Request
      1,002 SF

      789 Lincoln St

      OFFICE (GENERAL) • 1,002 SF
      789 Lincoln St, Martinsville, IN 46151-2306
      View Details
    • Value Estimation by Request
      42,778 SF

      180 Main St

      OFFICE (GENERAL) • 42,778 SF
      180 Main St, Martinsville, IN 46151-1976
      View Details

    Similar Nearby for Sale

    • $675,000
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      Downtown Martinsville Mixed-Use

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    • $389,797
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      please do not disturb the tenants. Broker Owned

      please schedule all showings through listing broker owner. May consider lease.""""}"""
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    • $425,000
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      Prime Martinsville Office Building

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      Prime Commercial Corner Lot

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      Martinsville Office Building For Sale

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    Similar Nearby for Lease

    • New
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      Versatile Commercial/Industrial Property in Martinsville

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      Versatile Commercial/Industrial Building in Martinsville

      5,000 sq ft building with office and manufacturing space.
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    • $3,000 /Mo
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      Martinsville Office Space For Rent

      2000 SF office space with flexible layout in Martinsville.
      1209 E Morgan St, Martinsville, IN 46151
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    • $252 SF/Yr
      2,000 SF

      Morgan Street Office Building

      Versatile Office Space - 2,000 sq ft
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    • $9,945 /Mo
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      Martinsville Retail Space Available

      Retail property available for lease in Martinsville, Indiana.
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    • $12 SF/Yr
      16,354 SF

      Martinsville Plaza Retail Center

      High-traffic retail space available.
      2028-2138 Burton Ln, Martinsville, IN 46151
      View Details
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    610 Morgan St
    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
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