Current Use by Public Records
- Land
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Martinsville
- County
- Morgan
- State
- Indiana
- Longitude
- -86.4
- Latitude
- 39.3846
