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    For Sale (64)

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    Prime Commercial Land in Greenwood
    $8,309,922
    20.78 Acres

    Prime Commercial Land in Greenwood

    20+ acre commercial development site near I-69 and Smith Valley.

    820 Mullinix Rd, Greenwood, IN 46143
    View details
    Martinsville Land with Development Potential
    $454,100
    23.90 Acres

    Martinsville Land with Development Potential

    23.9 acre land parcel in Martinsville, Indiana.

    00e R 37, Martinsville, IN 46151
    View details
    Carmel Residential Lot Ready to Build
    $510,000
    1.00 Acre

    Carmel Residential Lot Ready to Build

    One-acre residential lot in Carmel's Asherwood luxury estate community.

    1434 N Asherwood Ln, Carmel, IN 46032
    View details
    Versatile Lot in Growing Area
    $495,000
    1.17 Acres

    Versatile Lot in Growing Area

    1.17 acre lot suitable for residential or commercial development.

    10048 E Taylor Ave, Zionsville, IN 46077
    View details
    Martinsville Land with Development Potential
    $759,750
    30.39 Acres

    Martinsville Land with Development Potential

    30+/- acre parcel suitable for farming, hunting, or residential development.

    00d Waverly Rd, Martinsville, IN 46151
    View details
    Greenwood Retail/Office Investment Opportunity
    $1,250,000
    7,500 SF

    Greenwood Retail/Office Investment Opportunity

    Prime retail/office space in downtown Greenwood with high visibility.

    640 S Madison Ave, Greenwood, IN 46142
    View details
    28 Acres Mini Farm Potential
    Contact for pricing
    28.42 Acres

    28 Acres Mini Farm Potential

    28 acres near Greenfield, Indiana, ideal for mini-farm.

    600 600 North, Wilkinson, IN 46186
    View details
    Zionsville Land: Development Opportunity
    $395,000
    0.55 Acres

    Zionsville Land: Development Opportunity

    Versatile 0.55-acre lot suitable for residential or commercial development.

    10395 E Taylor Rd, Zionsville, IN 46077
    View details
    Holy Cross Duplex Opportunity
    $419,900
    0.13 Acres

    Holy Cross Duplex Opportunity

    Income-producing duplex near downtown Indianapolis with recent upgrades.

    1414 E New York St, Indianapolis, IN 46201
    View details
    Residential Lots in Golf Community
    $320,000
    0.41 Acres

    Residential Lots in Golf Community

    Residential lots in a championship golf community with resort-style amenities.

    374 Old Ashbury Rd, Westfield, IN 46074
    View details
    Residential Lots in Indianapolis, IN
    Contact for pricing
    0.09 Acres

    Residential Lots in Indianapolis, IN

    Residential lots suitable for builders or homeowners in Indianapolis.

    1018 W 27Th St, Indianapolis, IN 46208
    View details
    Residential Land in Sheridan, Indiana
    $391,600
    7.12 Acres

    Residential Land in Sheridan, Indiana

    7.12 acres for a dream home near Westfield, Zionsville.

    20444 Joliet Rd, Sheridan, IN 46069
    View details
    Elwood Farm with Tillable Land
    $700,000
    35.03 Acres

    Elwood Farm with Tillable Land

    35-acre farm with tillable land and woodland.

    900 N 900 W, Elwood, IN 46036
    View details
    Residential Lots in Golf Community
    $350,000
    0.39 Acres

    Residential Lots in Golf Community

    Residential lots in Westfield's championship golf community with resort-style amenities.

    20310 Chatham Creek Dr, Westfield, IN 46074
    View details
    Residential Lot in Center Grove
    $244,900
    1.70 Acres

    Residential Lot in Center Grove

    1.7 acre residential lot in the Center Grove community.

    00 W Stones Crossing Rd, Greenwood, IN 46143
    View details
    Prime Agricultural Land in Martinsville
    $3,170,000
    131.06 Acres

    Prime Agricultural Land in Martinsville

    131+/- acres of farmland, hunting, and residential homesites.

    00 S 37, Martinsville, IN 46151
    View details
    Residential Lots in Greenwood, IN
    $249,900
    1.78 Acres

    Residential Lots in Greenwood, IN

    1.78 acre residential building site in Center Grove Schools.

    6594 Stones Crossing Rd, Greenwood, IN 46143
    View details
    62.24 Acres in Greenwood, IN
    $7,300,000
    62.24 Acres

    62.24 Acres in Greenwood, IN

    Unimproved land suitable for mixed-use development or business headquarters.

    W County Rd 144, Greenwood, IN 46143
    View details
    Residential Lot in Kensington Grove
    $146,900
    0.53 Acres

    Residential Lot in Kensington Grove

    Residential lot in desirable Greenwood/Center Grove area.

    5051 Nottinghill Ct, Greenwood, IN 46143
    View details
    Residential Lot with Existing Barn
    $210,000
    5.21 Acres

    Residential Lot with Existing Barn

    5.2 acre residential lot with barn near Bloomington.

    9689 N Bowman Rd, Gosport, IN 47433
    View details
    Prime Land in Martinsville, IN
    $6,800,000
    29.87 Acres

    Prime Land in Martinsville, IN

    29.87 acres of land with B2 and B3 zoning.

    4440 State Road 37 N, Martinsville, IN 46151
    View details
    Prime Commercial Land Opportunity
    $5,800,000
    10.00 Acres

    Prime Commercial Land Opportunity

    10 acre commercial site with development potential in Martinsville, IN.

    00 Wysscraft Ln, Martinsville, IN 46151
    View details
    Whiteland Residential Lot Available
    $45,000
    0.39 Acres

    Whiteland Residential Lot Available

    Wooded lot in Whiteland, Indiana, suitable for building.

    4810 N Centerline Rd, Whiteland, IN 46184
    View details
    Residential Lots in Indianapolis, IN
    Contact for pricing
    0.09 Acres

    Residential Lots in Indianapolis, IN

    Residential lots suitable for builders or homeowners in a developing area.

    1020 W 27Th St, Indianapolis, IN 46208
    View details
    Sheridan Farm with USDA Certification
    $699,900
    11.63 Acres

    Sheridan Farm with USDA Certification

    11.63 acre organic farm in Westfield location.

    2335 W 211Th St, Sheridan, IN 46069
    View details
    Bargersville Residential Land Opportunity
    $1,950,000
    36.81 Acres

    Bargersville Residential Land Opportunity

    36.81 acre residential land parcel in Bargersville, Indiana.

    6305 Travis Rd, Bargersville, IN 46143
    View details
    Residential Lot Near Monon Trail
    $71,000
    0.10 Acres

    Residential Lot Near Monon Trail

    Residential lot near Monon Trail in Indianapolis for sale.

    1617 Dr Andrew J Brown Ave, Indianapolis, IN 46202
    View details
    Gosport Land with Utilities
    $150,000
    5.00 Acres

    Gosport Land with Utilities

    5 acres near Bloomington with utilities and barn.

    9700 N Bowman Rd, Gosport, IN 47433
    View details
    Residential Lots in Luxury Community
    $184,900
    0.99 Acres

    Residential Lots in Luxury Community

    Residential lots in a highly desired luxury lifestyle community.

    4079 Pitscottie Ct, Bargersville, IN 46106
    View details
    Residential Lots in Indianapolis, IN
    $35,000
    0.09 Acres

    Residential Lots in Indianapolis, IN

    Residential lots available for building in Indianapolis, Indiana.

    1617 E 18Th St, Indianapolis, IN 46218
    View details
    Jamestown, IN Land Opportunity
    $614,400
    7.68 Acres

    Jamestown, IN Land Opportunity

    Land available near major employers in a high-growth area.

    5690 W 300 S, Jamestown, IN 46147
    View details
    56 Acres of Prime Land
    $1,542,750
    56.10 Acres

    56 Acres of Prime Land

    56+/- acres in Northern Morgan County, ideal for farming/residential.

    00a S R 37, Martinsville, IN 46151
    View details
    Gosport Residential Lots For Sale
    $675,000
    15.36 Acres

    Gosport Residential Lots For Sale

    Residential lots near Bloomington, wineries, and Brown County State Park.

    N Bowman Rd, Gosport, IN 47433
    View details
    Thorntown Residential Land Opportunity
    $179,000
    4.00 Acres

    Thorntown Residential Land Opportunity

    4 acres of residential or recreational land near Sugar Creek.

    7001 N 1075 W, Thorntown, IN 46071
    View details
    Residential Corner Lot in Indianapolis
    $84,900
    0.62 Acres

    Residential Corner Lot in Indianapolis

    0.62 acre corner lot zoned for residential development.

    4039 Southeastern Ave, Indianapolis, IN 46203
    View details
    229 Acres of Scenic Land
    $3,495,000
    229.00 Acres

    229 Acres of Scenic Land

    Large acreage with recreational opportunities near Lake Monroe.

    8680 S Strain Ridge Rd, Bloomington, IN 47401
    View details
    20 Acres Near I-69
    $413,400
    20.67 Acres

    20 Acres Near I-69

    20+/- acres of land near I-69 in Morgan County.

    7892 N Whiteland Ln, Martinsville, IN 46151
    View details
    Residential Land in Gosport, IN
    $150,000
    3.70 Acres

    Residential Land in Gosport, IN

    3.7 acre residential lot ready for building near Bloomington.

    9691 N Bowman Rd, Gosport, IN 47433
    View details
    Greenwood Residential Estate Lot
    $530,000
    4.05 Acres

    Greenwood Residential Estate Lot

    4.05 acre residential lot in Center Grove area.

    6050 W Smokey Row Rd, Greenwood, IN 46143
    View details
    Residential Land in Gosport, IN
    $250,000
    6.45 Acres

    Residential Land in Gosport, IN

    Buildable residential lots near Bloomington, wineries, and Brown County State Park.

    9687 N Bowman Rd, Gosport, IN 47433
    View details
    Residential Land with Existing Home
    $395,000
    6.24 Acres

    Residential Land with Existing Home

    6-acre property with existing home near Greenwood's amenities.

    1548 N Franklin Rd, Greenwood, IN 46143
    View details
    Bargersville Land in Prime Location
    $750,000
    2.03 Acres

    Bargersville Land in Prime Location

    Two-acre commercial land in Bargersville with all utilities on site.

    S State Rd, Bargersville, IN 46106
    View details
    Residential Lots in Anderson, Indiana
    Contact for pricing
    0.13 Acres

    Residential Lots in Anderson, Indiana

    Residential lots suitable for building a dream home in Anderson.

    W 17Th St, Anderson, IN 46016
    View details
    21.23 Acres Development Land
    Contact for pricing
    21.23 Acres

    21.23 Acres Development Land

    Development land adjacent to Boone County LEAP project and Eli Lily.

    17 N 300 W, Lebanon, IN 46052
    View details
    Residential Lots in Holliday Farms
    $199,000
    0.17 Acres

    Residential Lots in Holliday Farms

    Residential lots in Zionsville's Holliday Farms community with social membership.

    4155 Hartswick Ct, Zionsville, IN 46077
    View details
    57 Acres Development Land Lebanon
    $6,200,000
    57.00 Acres

    57 Acres Development Land Lebanon

    57 acres of prime development land in Boone County.

    4755 N 275 W, Lebanon, IN 46052
    View details
    Greenwood Commercial Property on US-31
    $2,350,000
    12,293 SF

    Greenwood Commercial Property on US-31

    Combination medical office and retail space in high-growth Greenwood, Indiana.

    1000 Us Highway 31 S, Greenwood, IN 46143
    View details
    East 10th Street Redevelopment Opportunity
    $450,000
    6,644 SF

    East 10th Street Redevelopment Opportunity

    Prime commercial property in thriving Brookside/East 10th Street corridor.

    2828 E 10Th St, Indianapolis, IN 46201
    View details
    32.68 Acres Commercial Land Batesville
    $1,150,000
    32.68 Acres

    32.68 Acres Commercial Land Batesville

    32.68 acres of commercial land with high visibility.

    1230 State Road 129, Batesville, IN 47006
    View details
    Land for Residential Development
    $1,625,000
    22.73 Acres

    Land for Residential Development

    22.73 acre plot for residential development in Sheridan, Indiana.

    19975 Freemont Moore Land Rd, Sheridan, IN 46069
    View details
    Arcadia Agricultural Land with Woods
    $950,000
    42.33 Acres

    Arcadia Agricultural Land with Woods

    42.33 acres of agricultural land with wooded area.

    5029 E 246Th St, Arcadia, IN 46030
    View details
    Fortville Residential Lots for Sale
    $359,900
    6.14 Acres

    Fortville Residential Lots for Sale

    Tranquil 3-6 acre lots near Fortville and Pendleton, Indiana.

    10201 N Alford Rd, Fortville, IN 46040
    View details
    Fortville Residential Lots for Sale
    $289,900
    4.46 Acres

    Fortville Residential Lots for Sale

    Spacious 3-6 acre lots near Fortville and Pendleton.

    10101 N Alford Rd, Fortville, IN 46040
    View details
    Prime Commercial Land Opportunity
    $1,125,000
    4,400 SF

    Prime Commercial Land Opportunity

    1.7 acres with 4400 SF building in Greenwood, IN.

    4978 West Smith Valley Rd, Greenwood, IN 46142
    View details
    Greenwood Retail/Office Opportunity
    $775,000
    4,400 SF

    Greenwood Retail/Office Opportunity

    4400 SF building on nearly an acre in Greenwood.

    4978 W Smith Valley Rd, Greenwood, IN 46142
    View details
    Medical/Retail Space Near New Development
    Contact for pricing
    12,293 SF

    Medical/Retail Space Near New Development

    Highly visible medical/retail space near Greenwood's new $83M development.

    1000 Us Highway 31 S, Greenwood, IN 46143
    View details
    Income Generating Multifamily Property
    Contact for pricing
    2,314 SF

    Income Generating Multifamily Property

    Income-generating property with seven renovated units and potential for expansion.

    19-21 Hendricks Pl, Indianapolis, IN 46201
    View details
    Excellent Condition Office Building
    Contact for pricing
    11,000 SF

    Excellent Condition Office Building

    Prime location office building with high visibility and ample parking.

    711 W Gardner Dr, Marion, IN 46952
    View details
    East 10th Street Redevelopment Opportunity
    Contact for pricing

    East 10th Street Redevelopment Opportunity

    Commercial property in thriving corridor, ideal for redevelopment or adaptive reuse.

    2828 10Th St, Indianapolis, IN 46201
    View details
    Westfield Organic Farm Opportunity
    $820,000
    506,603 SF

    Westfield Organic Farm Opportunity

    11.63 acre USDA certified organic farm in Westfield, Indiana.

    2335 West 211Th St, Sheridan, IN 46069
    View details
    Land For Sale Fortville
    $295,900

    Land For Sale Fortville

    Land available in Fortville, Indiana.

    10101 N Alford Rd, Fortville, IN 46040
    View details
    Land for Sale Jamestown, IN
    $614,400

    Land for Sale Jamestown, IN

    Land available in Jamestown, Indiana.

    5690 W 300 S, Jamestown, IN 46147
    View details
    Land For Sale
    $3,495,000

    Land For Sale

    Land available for sale in Bloomington, Indiana.

    8680 S Strain Ridge Rd, Bloomington, IN 47401
    View details
    Land For Sale
    $6,200,000

    Land For Sale

    Land available for sale in Boone County, Indiana.

    4755 N 275 W, Lebanon, IN 46052
    View details

    For Lease (5)

    View map
    Updated Office Space in Carmel
    $2,683 / Mo
    20,040 SF

    Updated Office Space in Carmel

    Office space near downtown Carmel with easy highway access.

    252 E Carmel Dr, Carmel, IN 46032
    View details
    Carmel Office Space For Rent
    $1,591 / Mo
    12,150 SF

    Carmel Office Space For Rent

    770 SF office space in Carmel, available now.

    90 Executive Dr, Carmel, IN 46032
    View details
    Pendleton Pike Retail Space Available
    $4,000 / Mo
    10,800 SF

    Pendleton Pike Retail Space Available

    Versatile retail space in high-traffic area with flexible layout.

    7027 Pendleton Pike, Indianapolis, IN 46226
    View details
    High-Visibility Retail Space Available
    $2,250 / Mo
    10,800 SF

    High-Visibility Retail Space Available

    Prime commercial space in a high-traffic Indianapolis location.

    7017 Pendleton Pike, Indianapolis, IN 46226
    View details
    Commercial Space on Smith Valley
    $4,500 / Mo

    Commercial Space on Smith Valley

    Commercial space for rent on Smith Valley Road.

    1506 W Smith Valley Rd, Greenwood, IN 46142
    View details

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    CENTURY 21 Scheetz
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    CENTURY 21 Scheetz
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