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1920 Old State Road 44 3.14 Acres of Commercial Land Offered at $1,000,000 in Martinsville, IN 46151
Investment Highlights
- Primes for commercial redevelopment
- Offering proximity to shopping, dining, and major amenities
- Positioned in a growin aread wiht easy access to utilities
- Located within the I-69 Corridor Comprehensive Plan
- Spacious lot ideal for commercial development
- Located at I-69 and SR-44 ramp system
Executive Summary
Situated at 1920 Old State Road 44, near the I-69 and SR-44 ramp system, offering excellent visibility and connectivity to key transportation routes.
• Commercial Development Potential:
3.14 acres currently zoned R1, primed for rezoning to commercial use, making it ideal for retail, office, or mixed-use projects.
• Proximity to Growth
Located within the I-69 Corridor Comprehensive Plan, close to Martinsville's southern shopping district, dining, and major amenities, ensuring high traffic and demand.
• Utilities Ready
Positioned with easy access to infrastructure and utilities, enabling a streamlined development process.
• Expansive Opportunity
Generous lot size allows for flexible development options to suit a variety of commercial ventures in a growing market.
•Thriving Area
Martinsville’s ongoing growth and strategic location make this property a high-potential investment for long-term returns.
Property Facts
| Price | $1,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 3.14 AC |
| Property Type | Land |
| Price | $1,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 3.14 AC |
1 Lot Available
Lot
| Price | $1,000,000 | Lot Size | 3.14 AC |
| Price Per AC | $318,471.34 |
| Price | $1,000,000 |
| Price Per AC | $318,471.34 |
| Lot Size | 3.14 AC |
3.14 acres of prime land at 1920 Old State Road 44, Martinsville, IN. Zoned R1, ready for rezoning to commercial. Ideal for retail, office, or mixed-use projects near I-69, SR-44 ramps, and shopping. Excellent visibility and growth potentional.
Description
Discover a fantastic opportunity to own 3.14 acres of prime land located at 1920 Old State Road 44 in Martinsville, Indiana. Situated in Morgan County, this property is currently zoned R1 but is poised for rezoning to commercial use, making it ideal for retail, office, or mixed-use development. With ample space and potential, this property is perfect for developers looking to capitalize on its strategic location near the southern shopping district, major corporations, and key transportation routes. Its proximity to Martinsville offers convenience and visibility, making it an excellent choice for a variety of commercial ventures.
Property Taxes
| Parcel Number | 55-09-35-340-002.000-020 | Improvements Assessment | $442,600 |
| Land Assessment | $71,500 | Total Assessment | $514,100 |
Property Taxes
