Current Use by Public Records
- Land
Property Details for 1313 Morton Ave
- Lot size
- 2.93 lot acres
- Property type
- Land
Description
This 2.93-acre commercial land parcel in Martinsville, Indiana, enjoys a prime location at the I-69 and State Road 39 interchange. Boasting over 600 feet of SR 39 frontage, this B3-zoned property is ideally suited for a variety of uses, including fuel stations, fast food restaurants, retail, office space, or hospitality businesses. Its strategic position between a new Taco Bell and McDonald's ensures high visibility and accessibility. The property is less than a quarter-mile from the I-69/SR-39 interchange, featuring convenient northbound and southbound on/off ramps. Currently, there's only one fuel station within 0.85 miles of this interchange, highlighting a significant market opportunity. While a sale is preferred, the owner may consider a NNN lease, build-to-suit arrangement, or land lease. The property is divisible into 2-3 parcels, offering flexibility for potential buyers. Existing structures (storage facility and dwelling) are on-site but have no assigned value. A 30-60 day estimated vacate period is anticipated after closing. A partial 1031 exchange may be possible. The address for mapping purposes is 1313 Morton Ave, Martinsville, IN 46151. The property's proximity to other businesses, including O'Reilly and AutoZone, further enhances its appeal.
Value Estimations
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AI approach
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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
- -86.4426
- Latitude
- 39.4071
