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1 Pine Dr - Prime commercial site 3.18 Acres of Commercial Land Offered at $1,600,000 in Martinsville, IN 46151

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INVESTMENT HIGHLIGHTS

  • Perfect location for hotel or restaurant.
  • Excellent location surrounded by established retailers.
  • All Utilities at Site.
  • High Visibility from I-69.
  • Last build site in this busy retail corridor.
  • Income producing billboard

EXECUTIVE SUMMARY

Prime commercial site two parcels available or can be combined. 30,000+ traffic count with 552' of Pine Dr. frontage. Income-producing billboard is on-site.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER AC
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $1,600,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hospitality
  • Hotel
  • Motel
  • Restaurant
  • Storefront
Total Lot Size 3.18 AC
Opportunity Zone Yes
Zoning B3 - commercial

1 LOT AVAILABLE

Lot

Price $1,600,000
Price Per AC $503,144.65
Lot Size 3.18 AC

552' of road frontage with water, sewer and natural gas on site.

DESCRIPTION

• 3.17 Acres For Sale (divisible) • 500 Feet of Frontage on State Road 37/I-69 • Site Surrounded by Many National Retailers and Motels • All Utilities at the Site • Zoned B3

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
55-13-09-180-016.000-021
Land Assessment
$23,800
Improvements Assessment
$0
Total Assessment
$23,800
  • Listing ID: 15545714

  • Date on Market: 3/26/2019

  • Last Updated:

  • Address: 1 Pine Dr, Martinsville, IN 46151

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