R 37 Martinsville, IN 46151
- Land
- 113.95 lot acres
Current Use by Public Records
- Land
Property Details for 0 R 37
- Lot size
- 113.95 lot acres
- Property type
- Land
Description
This exceptional 113.95-acre commercial land parcel presents a compelling investment opportunity in Morgan County, Indiana. Located on South State Road 37, this property boasts unparalleled visibility and high traffic counts, situated along the heavily trafficked South 69 corridor. The site benefits from an advantageous location with approximately 24,244 vehicles per day passing on Interstate 69, ensuring significant exposure for any future development. The property is zoned for Agricultural use (AG), offering flexibility for a range of commercial ventures. The expansive acreage provides ample space for various projects, from large-scale commercial developments to strategically positioned businesses. This prime location, combined with the substantial lot size and high traffic volume, makes this a rare and highly desirable investment opportunity. The asking price of $2,000,000 reflects the exceptional value and potential of this property. The parcel includes APNs 55-12-24-300-001.001-020
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Martinsville
- County
- Morgan
- State
- Indiana
- Longitude
- -86.4839
- Latitude
- 39.3703
