1604 State Road 252Martinsville, IN 46151

Property Details for 1604 State Road 252

Year built

1974

Lot size

29.35 AC

Property type

Retail properties

Description

This exceptional 29.35-acre parcel presents a remarkable investment opportunity in Martinsville, Indiana. Strategically situated on State Road 252 at the planned bypass, this property enjoys high visibility and accessibility. Town plans indicate significant development potential, making it ideal for a variety of commercial uses. The site boasts existing infrastructure, including a large home with a basement and a pole barn located at the end of a private driveway. The property is currently zoned residential, but its location and size make it perfectly suited for rezoning to accommodate commercial development. Utilities are planned for the road, including water and sewer lines. A designated area is available for a retention pond, addressing potential environmental needs. The property's configuration lends itself to a mixed-use development, with the front portion ideal for a convenience store or gas station, and the rear portion suitable for a hotel or medical facility, given its proximity to the hospital and the planned I-69. This versatile site offers multiple development possibilities, capitalizing on its prime location and high traffic count. Prior to accessing the property, notification is required for security purposes.

Location Insight

City

Martinsville

County

Morgan

State

Indiana

Latitude

39.4253

Longitude

-86.3973

FAQs

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