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    339 Main St Martinsville, IN 46151-2103

    • Grocery and convenience stores
    • 1,848 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2399021
    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

    • Grocery and convenience stores

    Property Details for 339 Main St

    Year built
    1993
    Construction
    WOOD
    Lot size
    0.58 lot acres
    Property size
    1,848 SF
    Property type
    Grocery and convenience stores
    APN
    55-13-04-145-001.000-021
    APU
    551304145001000021

    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
    -86.4281
    Latitude
    39.4237
    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
    $15,134
    $495,000
    $308,200
    $803,200
    -
    $495,000
    $308,200
    $803,200

    Comparable in this City

    • Value Estimation
      $300,000
      2,819 SF

      2180 Burton Ln

      CONVENIENCE STORE • 2,819 SF
      2180 Burton Ln, Martinsville, IN 46151-3012
      View Details
    • Value Estimation by Request
      1,218 SF

      860 State Rd 39th N Byp

      CONVENIENCE STORE • 1,218 SF
      860 State Rd 39th N Byp, Martinsville, IN 46151-2067
      View Details
    • Value Estimation
      $340,000
      2,916 SF

      9400 State Rd 144

      CONVENIENCE STORE • 2,916 SF
      9400 State Rd 144, Martinsville, IN 46151-8347
      View Details
    • Value Estimation by Request
      1,382 SF

      729 State Rd 39th S Byp

      CONVENIENCE STORE • 1,382 SF
      729 State Rd 39th S Byp, Martinsville, IN 46151-2127
      View Details
    • Value Estimation
      $345,000
      19,374 SF

      1209 Main St

      GROCERY, SUPERMARKET • 19,374 SF
      1209 Main St, Martinsville, IN 46151-2809
      View Details
    • Value Estimation by Request
      2,052 SF

      390 Morgan St

      CONVENIENCE STORE • 2,052 SF
      390 Morgan St, Martinsville, IN 46151-1547
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $20 SF/Yr
      1,558 SF

      Retail Space with Flexible Layout

      Modern retail property with ample parking and high visibility.
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    • Contact for pricing
      2,521 SF

      Retail Space Available For Sublease

      2,521 SF retail space available for sublease.
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      View Details
    • $9,945 /Mo
      58,754 SF

      Martinsville Retail Space Available

      Retail property available for lease in Martinsville, Indiana.
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      View Details
    • Contact for pricing
      4,265 SF

      Freestanding Restaurant Building with Drive-Thru

      4,265 SF former Steak N Shake with drive-thru for lease.
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    • $12 SF/Yr
      16,354 SF

      Martinsville Plaza Retail Center

      High-traffic retail space available.
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    • $3,425 /Mo
      56,000 SF

      Martinsville Retail Space Available

      Retail property available for lease in Martinsville, Indiana.
      2028 Burton Ln, Martinsville, IN 46151
      View Details

    Property Visit Statistics

    • Visits by month
      20.7k
    • Visitors by month
      8.5k
    • Avg Time on site
      8 min
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    339 Main St
    Martinsville, IN 46151-2103
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    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
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