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    Greenwood, IN Commercial Land for Sale

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    Bargersville, IN Indianapolis, IN Whiteland, IN
    36 listings
    Greenwood Acreage with Historic Barn
    $325,000
    7.78 Acres
    Greenwood Acreage with Historic Barn

    2021 Old State Road 37, Greenwood, IN 46143

    Unique 7.78-acre property with historic barn and entertaining pavilion.
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    Commercial Land in Growing Area
    $799,000
    3,552 SF
    Commercial Land in Growing Area

    774 S Morgantown Road, Greenwood, IN 46143

    Strategically located commercial land with existing building and development potential.
    • Prime location for commercial development in a rapidly growing area.
    • Zoned R2, offering flexibility for various commercial uses.
    • Excellent visibility and accessibility, minutes from the new I‑69 interchange.
    • Existing 3,552‑square‑foot building with multiple private rooms, community areas, full kitchen, and four bathrooms.
    • Includes a 400‑square‑foot pole barn on 2+ acres.
    Updated: Sep 8, 2024
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    Neighborhood Commercial Development Land
    $569,000
    1,890 SF
    Neighborhood Commercial Development Land

    Commercial land with 125 feet of frontage on Smith Valley Road for owner-users and developers targeting neighborhood services.

    4648 W SMITH VLY RD, Greenwood, IN 46142

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    Greenwood Commercial Land For Sale
    $799,000
    4.06 Acres
    Greenwood Commercial Land For Sale

    4.055 acre commercial parcel in active Greenwood corridor.

    585 North Emerson Avenue, Greenwood, IN 46143

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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 Road, Greenwood, IN 46143

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    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.

    0 W County Road 144, Greenwood, IN 46143

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    Greenwood Commercial Opportunity
    $1,575,000
    5,000 SF
    Greenwood Commercial Opportunity

    2 acres with retail building and development potential.

    1000 North State Road 135, Greenwood, IN 46142

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    Development Parcel with I-69 Frontage
    $1,986,250
    Development Parcel with I-69 Frontage

    5.675 acre development parcel with I-69 and Bluff Road frontage.

    1100 N Bluff Rd |, Greenwood, IN 46142

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    Shovel Ready Land For Sale
    $1,990,000
    3.35 Acres
    Shovel Ready Land For Sale

    Land available for sale or land lease near I-65.

    2433 E Main St, Greenwood, IN

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    Commercial Development Opportunity in Greenwood
    $799,000
    3,552 SF
    Commercial Development Opportunity in Greenwood

    Two-story building with pole barn on 2+ acres.

    774 S Morgantown Road, Greenwood, IN 46143

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    Commercial Pad Site Opportunity
    Contact for pricing
    8.82 Acres
    Commercial Pad Site Opportunity

    Commercial land within Kroger's parking lot, size negotiable.

    5961 N State Road 135, Greenwood, IN

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    Prime Commercial Land Opportunity
    $1,125,000
    4,400 SF
    Prime Commercial Land Opportunity

    1.7 acres with 4400 SF building near I-69.

    4976 W Smith Valley Road, Greenwood, IN 46142

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    Prime Commercial Land Opportunity
    $2,500,000
    2.76 Acres
    Prime Commercial Land Opportunity

    1.67 acre commercial outlot with high visibility and access.

    Commerce Parkway W Dr, Greenwood, IN

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    Center Grove Land For Sale
    $2,499,000
    36.30 Acres
    Center Grove Land For Sale

    36.3 acres in Center Grove with County Line frontage.

    4263 County Line Rd, Greenwood, IN

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    Land Available on Emerson Avenue
    Contact for pricing
    7.00 Acres
    Land Available on Emerson Avenue

    Approximately 7 acres available for ground lease or purchase.

    795 Emerson Ave, Greenwood, IN

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    Prime Land SR 135 Frontage
    Contact for pricing
    105.00 Acres
    Prime Land SR 135 Frontage

    105 acres at SR 135 & Whiteland Rd, Greenwood, IN

    5391 N State Rd 135, Greenwood, IN

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    Land Available I-69 Visibility
    Contact for pricing
    6.50 Acres
    Land Available I-69 Visibility

    Up to 13 acres available for lease or build-to-suit.

    N Bluff Rd, Greenwood, IN

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    Greenwood Commercial Land For Sale
    $350,000
    0.85 Acres
    Greenwood Commercial Land For Sale

    Commercial land on busy road, ideal for development.

    1641 W County Line Road, Greenwood, IN 46142

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    Commercial Land on County Line
    $400,000
    0.89 Acres
    Commercial Land on County Line

    Commercial land for development on busy County Line Road.

    1655 W County Line Road, Greenwood, IN 46142

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    Land Available For Lease
    Contact for pricing
    13.00 Acres
    Land Available For Lease

    Up to 13 acres available for lease or build-to-suit.

    State Rd 37, Greenwood, IN

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    45 Acres in Center Grove
    $2,700,000
    45.00 Acres
    45 Acres in Center Grove

    45 acres of commercial land in Center Grove.

    3111 S State Rd 135, Greenwood, IN

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    Greenwood Land Opportunity
    Contact for pricing
    0.62 Acres
    Greenwood Land Opportunity

    Prime land in Greenwood, ideal for retail development.

    3040 W Smith Valley Rd, Greenwood, IN

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    Greenwood Commercial Lot on State
    $750,000
    10,000 SF
    Greenwood Commercial Lot on State

    2.52 acre commercial lot with frontage on State Road.

    1500 S State Road 135 Road, Greenwood, IN 46143

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    1.5 AC Commercial Land Available
    Contact for pricing
    1.49 Acres
    1.5 AC Commercial Land Available

    Commercial land with excellent access and visibility on Worthsville Road.

    Worthsville Rd & Sheek Rd, Greenwood, IN

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    Greenwood, IN Commercial Land Investment Opportunities Market Analysis

    Explore 72 commercial land for sale in Greenwood, IN, showcased through 36 active listings on our real estate platform. These investment opportunities span a total of 28,399 square feet of properties for sale, with an estimated market value of $7,603,250.

    Sale prices for commercial lots in Greenwood, IN start at $569,000, averaging $1,086,178, and reaching up to $1,986,250 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial land 39
    Residential land & home lots 16
    Agricultural land / Farmland 4
    Industrial land 2
    Recreation land 1

    Property Size Breakdown

    The majority of commercial real estate listings in Greenwood fall within the 20 to 50 acres range.

    Demographics Overview

    Population 94K
    Population Growth (5Y) +11.0%
    Median Household Income $87,969
    College Educated 52.3%

    High-Yield Neighborhoods for Investment

    Identify Greenwood submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    46142 $1.1M
    46143 $3.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.90%
    Property Tax per SF $33.72 per sq ft
    Tax Rate vs County Average 0.13 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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