1201 Ohio StMartinsville, IN 46151

  • Industrial properties
  • 197,739 SF
For Lease
$10/SF/YR View listing

Property Details for 1201 Ohio St

Year built
1952
Construction
TYPE NOT SPECIFIED
Lot size
17.27 AC
Property size (Sq ft)
197,739 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
55-13-04-490-002.000-021
APU
551304490002000021

Description

This exceptional 225,000 square foot multi-tenant industrial and office building, located at 1201 S Ohio St, Martinsville, IN 46151, presents a unique opportunity for businesses seeking flexible and strategically located space. Built in 1970 and zoned I-2, the property offers a variety of configurations to suit diverse needs. Three spaces are currently available, ranging from 5,699 to 18,700 contiguous square feet, with a total of 31,699 square feet currently vacant. The building's diverse subtypes include executive office, flex space, warehouse, and distribution capabilities, making it ideal for a wide range of businesses. One flex space includes standard overhead doors, enhancing its versatility. The property benefits from its proximity to the recently constructed I-69 ramp, providing easy access to major transportation arteries. This turnkey solution combines office and storage functionality in a single location, offering businesses a strategic advantage within Morgan County. The minimum divisible space is 5,699 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $27,919,462
    Hospitality
    $25,574,078
    Educational
    $21,277,332
    Medical
    $22,009,092
    Retail
    $33,098,072
1201 Ohio St, Martinsville, Indiana

Location Insight

City
Martinsville
County
Morgan
State
Indiana
Latitude
39.415
Longitude
-86.4208
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
$66,297
$1,359,900
$1,991,200
$3,351,100
-
$1,359,900
$1,991,200
$3,351,100

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