Mahalasville Rd Martinsville, IN 46151

Property Details for 0 Mahalasville Rd

Property type

Land

Description

This exceptional 15.25-acre commercial land parcel presents a compelling investment opportunity in the thriving Martinsville, Indiana growth corridor. Strategically located near the intersection of Mahalasville Road and Artesian Avenue, this property boasts a prime location with significant development potential. The site is pre-approved and zoned for multifamily development, making it ideal for a large-scale residential project. The area is experiencing substantial growth, evidenced by the construction of over 300 single-family homes on nearby Artesian Avenue. This underscores the strong demand and potential for future appreciation. The property's proximity to the new I-65 interchange provides excellent access to major transportation routes, further enhancing its desirability. Furthermore, its location just 20 miles north of Bloomington and Indiana University, with its over 50,000 students, offers a substantial and readily available workforce pool and consumer base. This presents a unique chance to capitalize on the burgeoning residential market in a rapidly developing area with excellent infrastructure and access to a large population center. The property's zoning and pre-approval significantly streamline the development process, minimizing delays and maximizing return on investment. This is a rare opportunity to acquire a large, well-located parcel in a high-growth area. The zip code is 46151, and the property is situated in Morgan County, Indiana.

Location Insight

City

Martinsville

County

Morgan

State

Indiana

Longitude

-86.4

Latitude

39.3846