1604 State Road 252 Martinsville, IN 46151
- Retail properties
- 29.35 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1604 State Road 252
- Year built
- 1974
- Lot size
- 29.35 lot acres
- Property type
- Retail properties
Description
This exceptional 29.35-acre parcel presents a remarkable investment opportunity in Martinsville, Indiana. Strategically situated on State Road 252 at the planned bypass, this property enjoys high visibility and accessibility. Town plans indicate significant development potential, making it ideal for a variety of commercial uses. The site boasts existing infrastructure, including a large home with a basement and a pole barn located at the end of a private driveway. The property is currently zoned residential, but its location and size make it perfectly suited for rezoning to accommodate commercial development. Utilities are planned for the road, including water and sewer lines. A designated area is available for a retention pond, addressing potential environmental needs. The property's configuration lends itself to a mixed-use development, with the front portion ideal for a convenience store or gas station, and the rear portion suitable for a hotel or medical facility, given its proximity to the hospital and the planned I-69. This versatile site offers multiple development possibilities, capitalizing on its prime location and high traffic count. Prior to accessing the property, notification is required for security purposes.
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
- -86.39728
- Latitude
- 39.42533
