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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



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 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.18 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | B3 - commercial | ||
| Price | $1,600,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.18 AC |
| Opportunity Zone |
Yes |
| Zoning | B3 - commercial |
1 LOT AVAILABLE
Lot
| Price | $1,600,000 | Lot Size | 3.18 AC |
| Price Per AC | $503,144.65 |
| 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
1 1
PROPERTY TAXES
| Parcel Number | 55-13-09-180-016.000-021 | Improvements Assessment | $0 |
| Land Assessment | $23,800 | Total Assessment | $23,800 |
PROPERTY TAXES
Parcel Number
55-13-09-180-016.000-021
Land Assessment
$23,800
Improvements Assessment
$0
Total Assessment
$23,800
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1 Pine Dr - Prime commercial site
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