Financial
Distress signals
Property profile

1201 S Ohio St Martinsville, IN 46151

FOR SALE
Warehouses
Property ID
US31-2329634
197,739 SF 17.27 ac lot Built 1952
Last sale Nov 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 225,000 square foot multi-tenant industrial and office building, located at 1201 S Ohio St, Martinsville, IN 46151, presents a unique opportunity for businesses seeking flexible and strategically located space. Built in 1970 and zoned I-2, the property offers a variety of configurations to suit diverse needs. Three spaces are currently available, ranging from 5,699 to 18,700 contiguous square feet, with a total of 31,699 square feet currently vacant. The building's diverse

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$66k
Tax billed · 2023
Assessed value$3.35M
Assessed land$1.36M
Assessed improvement$1.99M
Effective rate1.98%

Value estimate

· Sep 2026
$4.66M
$4.19M – $5.12M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMORGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.5
Parking Facility11.8
Kitchen & Bath11.4

Location

1201 S Ohio St Martinsville, IN 46151
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 9 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9450 State Rd 144, Martinsville, IN 46151-8347 $1,180,000 Apr 2023 6,750 SF
60 Marion, Martinsville, IN 46151-1443 $140,000 Apr 2021 3,300 SF
5140 Wilbur, Martinsville, IN 46151-7015 $185,000 Sep 2020 9,000 SF
Egbert, Martinsville, IN 46151 $45,013 Aug 2019 2,976 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message