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Commercial Land with Road Frontage
For Sale
$6,250,000

N 5 Points Road, Greenwood, IN 46143

Land, Greenwood, IN

Property SizeContact for details
Lot Size80.80 Acres
Days on Market101

Property Features for N 5 Points Road

General Information

Property type Land
Property subtype Other
Zoning DM/CM
Subdivision No Subdivision
Lot features Corner Lot, Rural - Not Subdivision
Middle school Clark Pleasant Middle School
High school Whiteland Community High School
Elementary school district Clark-Pleasant Community Sch Corp
Middle school district Clark-Pleasant Community Sch Corp
High school district Clark-Pleasant Community Sch Corp
Directions GPS Friendly
Standard status Active
APN 410226011001000030
Lot size 80.80 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description EAST HALF OF THE NORTHEAST QUARTER OF SECTION TWENTY-SIX (26) IN TOWNSHIP FOURTEEN (14) NORTH, OF RANGE FOUR (4) EAST, CONTAINING EIGHTY (80) ACRES, MORE OR LESS
Legal Description EAST HALF OF THE NORTHEAST QUARTER OF SECTION TWENTY-SIX (26) IN TOWNSHIP FOURTEEN (14) NORTH, OF RANGE FOUR (4) EAST, CONTAINING EIGHTY (80) ACRES, MORE OR LESS

Utilities

Sewer type Public Sewer
Listing Agency: Carpenter, REALTORS(R)
Listed By: Robert Lane · License #AB21005206
Added: May 20 Changed: Aug 19 Last Checked: Aug 28 at 10:06AM
MLS# 22102436

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.

Investment Insights

Based on property information with market context.

This offering is a large commercial land parcel zoned DM/CM in Greenwood, Indiana. The property totals 80.8 acres and is described as having frontage split by Grubbs Ditch, with approximately 15.25 acres along County Line Road and 65.65 acres along 5 Points Road.

The listing notes a practical nearby connection to I-65 and highlights surrounding new and proposed development areas. A possible strip center location is also mentioned for the commercial portion.

The configuration—acreage divided by a ditch with frontage on two roads—may support a range of site layout options, depending on final design and approvals.

Key Highlights

  • 15.25‑acre commercial area along County Line Road
  • 65.65‑acre commercial area along 5 Points Road, divided by Grubbs Ditch
  • Public sewer available

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Hair Salon Auto Parts Store Garden Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 46143, IN

62,618
Population
23,417
Households
2.7
Avg Household Size
36
Median Age
36%
College-Educated
93%
High-School Grad
49.4 sq mi
ZIP Area
1,268
Density / Sq Mi
$89,401
Median Household Income
$51,213
Median Earnings
$1,427
Median Rent
$295,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Multi-acre commercial-zoned land split by Grubbs Ditch with frontage along County Line Road and 5 Points Road.
Where is this commercial land located?
The property is located at N 5 Points Road Greenwood, IN.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: 15.25‑acre commercial area along County Line Road; 65.65‑acre commercial area along 5 Points Road, divided by Grubbs Ditch; Public sewer available
More about this property
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