0 Waverly Park Rd Martinsville, IN 46151
This exceptional 258.687-acre agricultural property boasts unparalleled visibility from Interstate I-69, offering significant development potential. Located in Morgan County, Indiana, near Martinsville (zip code 46151), this expansive tract includes approximately 161.8 tillable acres, ideal for farming operations. The land is conveniently situated just 15 miles south of I-465, providing easy access to major transportation routes. Currently, there are no existing leases, making it immediately available for acquisition. The seller is offering this property as a single, non-divisible parcel. This represents a compelling investment opportunity, especially considering the recent price reduction to $5,044,396.50, translating to $19,500 per gross acre. The property's strategic location and substantial acreage make it a rare find in the market. Serious inquiries are encouraged. Coordinates: Latitude 39.5467237, Longitude -86.2811594. Address: N Waverly Park Rd, Martinsville, IN 46151.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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