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    4978 W Smith Valley Rd Greenwood, IN 46142

    Sponsored
    For Sale
    $775,000

    Business - Greenwood, IN

    Type:Business
    Property size:
    4,400 SF
    Lot size:
    0.80 Acres
    Days on Market:
    21
    Last Refresh:
    Jan 8 at 7:06 pm

    Property Features for 4978 W Smith Valley Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    General Commercial
    APN
    410334033094000038
    Exterior features
    Fencing
    Fencing
    Fenced
    Size
    4,400 SF
    Lot size
    0.80 Acres

    Building Details

    Architectural style
    Other

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

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

    Listing date Dec 19, 2025

    MLS# 22077293 Listing URL

    Copyright © 2026 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 Opportunity in Greenwood

    This commercial property is located in the northeast sector of the Smith Valley Road and Morgantown Road intersection in Johnson County. The 4400 square foot building is situated on nearly an acre of land, offering opportunities for office or retail space. The property's past use was as an auto body shop. It is located within a twenty-minute drive to downtown Indianapolis and the Indianapolis International Airport. An adjacent 0.92 acre lot is not included in this sale, but may be purchased from the seller.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bronson's Garage & Welding ... Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    Hubler Acura Service, Dreyer & Reinbold BMW South Parts Department, Dreyer & Reinbold Infiniti of Greenwood Service Department, Dreyer & Reinbold BMW South Service Department, Dreyer & Reinbold VW Service

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.195692
    Latitude
    39.605672

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    FAQs

    What type of property is this?
    Auto shop - 4400 SF building on nearly an acre of land.
    Where is this auto shop located?
    The property is located at 4978 W Smith Valley Rd Greenwood, IN.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Ultra-prime location at the intersection of Smith Valley Road and Morgantown Road.; - **4400 square foot building suitable for office or retail use.**; - Situated on nearly an acre of land.
    (317) 844-5111
    Request Owner's contact information
    4978 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
    4978 W Smith Valley Rd Greenwood, IN 46142
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