0 Blue Blf Road/Lincoln Hl Rd Martinsville, IN 46151
This exceptional 159.27-acre commercial land parcel presents a unique investment opportunity in Martinsville, Indiana. Strategically located near Interstate I-69, this property offers convenient access to major transportation routes, placing it within a 25-mile radius of Indianapolis. The land is comprised of four contiguous parcels, currently zoned for Agricultural and Low Density Residential use, providing flexibility for a variety of development projects. Multiple access points enhance accessibility and usability. The asking price has been significantly reduced to $1,592,700, representing an attractive price per acre of $10,000. Given its size, location, and zoning, this property is ideal for developers seeking a substantial land holding with significant potential for future growth and development. The property's proximity to various amenities further enhances its appeal. This is a rare opportunity to acquire a large, well-situated tract of land in a growing area. The address is Blue Bluff Road/Lincoln Hill Road, Martinsville, IN 46151.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.