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    4976 W Smith Valley Rd Greenwood, IN 46142

    For Sale
    $1,000,000

    Industrial - Greenwood, IN

    Type:Industrial
    Property size:
    4,400 SF
    Lot size:
    1.72 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 15 at 6:06 am

    Property Features for 4976 W Smith Valley Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    Zoning
    General Commercial
    APN
    410334033093000038
    Parking features
    Gated, Guest
    Exterior features
    Fencing
    Fencing
    Fenced
    Size
    4,400 SF
    Lot size
    1.72 Acres

    Building Details

    Year built
    1970
    Architectural style
    Other

    CENTURY 21 Scheetz (317) 844-5111 [email protected]

    Listing agent Mark Linder (317) 844-5111 License #RB14044403

    Listing date Oct 15, 2025

    MLS# 22054885 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This property offers a prime commercial land opportunity, featuring approximately 1.7 acres. The site formerly housed an auto repair shop and comprises three parcels. Situated on a highly trafficked thoroughfare connecting I-69 to the intersections of SR 135 and US 31, the property benefits from significant exposure. Its location near the new Center Grove Shoppes development is expected to further increase traffic volume. According to Johnson County Zoning and Planning, the current zoning is General Commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    KC's Cause Association / Organization KLC Laser Engraver

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.195496
    Latitude
    39.605643

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    FAQs

    What type of property is this?
    Commercial land - 1.7 acres of commercial land near Center Grove Shoppes.
    Where is this commercial land located?
    The property is located at 4976 W Smith Valley Rd Greenwood, IN.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - 1.7 Acres of Prime Commercial Land; - Located on a Highly Utilized Thoroughfare from I-69 to SR 135 and US 31; - Zoned General Commercial by Johnson County Zoning and Planning
    (317) 844-5111
    Request Owner's contact information
    4976 W Smith Valley Rd Greenwood, IN 46142
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    Greenwood, IN 46142
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    Realmo Value Estimation

    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.

    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.

    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
    4976 W Smith Valley Rd Greenwood, IN 46142
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