1379 Morton Ave Martinsville, IN 46151
This exceptional 1.83-acre commercial land parcel presents a unique investment opportunity in Martinsville, Indiana. Located at 1379 Morton Ave, this property boasts a highly desirable B-2 zoning classification, offering a wide range of development possibilities. Its strategic location provides unparalleled visibility and accessibility, situated directly on SR 37 and less than a quarter-mile from the proposed I-69 interchange. This proximity ensures exceptional exposure to a large volume of traffic, making it an ideal site for businesses seeking high visibility and convenient access to major transportation routes. The lot size is substantial, providing ample space for a variety of commercial projects. All essential utilities, including gas, sewer, and water, are readily available at the site, simplifying the development process and reducing upfront costs. The asking price for this prime commercial land is $900,000, translating to approximately $546,448 per acre, reflecting its exceptional location and development potential. The property's APN is 551308200002100021. Don't miss this chance to acquire a highly sought-after commercial property in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.