Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2084 Hospital Dr Martinsville, IN 46151-1805

    • Medical offices
    • 6,500 SF
    • 1.58 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 27, 2023
    $11,250
    Location Intelligence
    Property ID
    US31-2943909
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 2084 Hospital Dr

    Year built
    2014
    Construction
    WOOD
    Lot size
    1.58 lot acres
    Property size
    6,500 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    55-09-34-400-007.004-021
    APU
    550934400007004021

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.4032
    Latitude
    39.4278
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,737
    $404,200
    $961,600
    $1,365,800
    -
    $404,200
    $961,600
    $1,365,800

    Comparable in this City

    • Value Estimation by Request
      20,088 SF

      2200 John R Wooden Dr

      MEDICAL BUILDING • 20,088 SF
      2200 John R Wooden Dr, Martinsville, IN 46151-1863
      View Details
    • Value Estimation by Request
      35,704 SF

      504 Grand Vly Blvd

      MEDICAL BUILDING • 35,704 SF
      504 Grand Vly Blvd, Martinsville, IN 46151-5883
      View Details
    • Value Estimation by Request
      165,182 SF

      2209 John R Wooden Dr

      MEDICAL BUILDING • 165,182 SF
      2209 John R Wooden Dr, Martinsville, IN 46151-1840
      View Details
    • Value Estimation by Request
      11,086 SF

      35 Bills Blvd, Unit 49

      MEDICAL BUILDING • 11,086 SF
      35 Bills Blvd, Martinsville, IN 46151-3354
      View Details
    • Value Estimation by Request
      3,726 SF

      293 Grand Vly Blvd

      MEDICAL BUILDING • 3,726 SF
      293 Grand Vly Blvd, Martinsville, IN 46151-6910
      View Details
    • Value Estimation
      $380,000
      2,626 SF

      9351 State Rd 144

      MEDICAL BUILDING • 2,626 SF
      9351 State Rd 144, Martinsville, IN 46151-5848
      View Details

    Similar Nearby for Sale

    • $425,000
      2,000 SF

      Prime Martinsville Office Building

      2,000 SF Office, $425,000
      1209 Morgan St, Martinsville, IN 46151
      View Details
    • $745,000
      11,922 SF

      Downtown Martinsville Commercial Buildings For Sale

      Two adjoining buildings in downtown Martinsville, ideal for retail or office.
      124-128 E Morgan St, Martinsville, IN 46151
      View Details
    • $675,000
      9,968 SF

      Downtown Martinsville Mixed-Use

      9,968 sq ft, Updated, Prime Location
      160 Morgan St, Martinsville, IN 46151
      View Details
    • $389,797
      2,000 SF

      please do not disturb the tenants. Broker Owned

      please schedule all showings through listing broker owner. May consider lease.""""}"""
      1209 Morgan St, Martinsville, IN 46151
      View Details
    • $475,000
      3,204 SF

      Versatile Commercial Building in Martinsville

      3204 sq ft commercial space suitable for retail or office.
      160 N Marion St, Martinsville, IN 46151
      View Details
    • $449,900
      1,432 SF

      Prime Commercial Corner Lot

      High-visibility corner lot with immediate I-69 access in Martinsville.
      9393 N Waverly Park Rd, Martinsville, IN 46151
      View Details

    Similar Nearby for Lease

    • $252 SF/Yr
      2,000 SF

      Morgan Street Office Building

      Versatile Office Space - 2,000 sq ft
      1209 Morgan St, Martinsville, IN 46151
      View Details
    • New
      $2,500 /Mo
      43,124 SF

      Versatile Commercial/Industrial Building in Martinsville

      5,000 sq ft building with office and manufacturing space.
      400 E Mahalasville Dr, Martinsville, IN 46151
      View Details
    • New
      $2,500 /Mo
      2,500 SF

      Versatile Commercial/Industrial Property in Martinsville

      Mixed-use property with high visibility and flexible commercial options.
      400 E Mahalasville Dr, Martinsville, IN 46151
      View Details
    • $3,000 /Mo
      2,000 SF

      Martinsville Office Space For Rent

      2000 SF office space with flexible layout in Martinsville.
      1209 E Morgan St, Martinsville, IN 46151
      View Details
    • $20 SF/Yr
      1,558 SF

      Retail Space with Flexible Layout

      Modern retail property with ample parking and high visibility.
      35-49 Bills Blvd, Martinsville, IN 46151
      View Details
    • Contact for pricing
      2,521 SF

      Retail Space Available For Sublease

      2,521 SF retail space available for sublease.
      640 Birk Rd, Martinsville, IN 46151
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2084 Hospital Dr
    Martinsville, IN 46151-1805
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.