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    820 Mullinix Rd Greenwood, IN 46143

    Pending
    For Sale
    $8,309,922

    Unimproved Land - Greenwood, IN

    Type:Unimproved Land
    Lot size:
    20.78 Acres
    Days on Market:
    113
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 820 Mullinix Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Pending
    Zoning
    Multiple
    APN
    410405011006000038
    Lot size
    20.78 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 Aug 25, 2025

    MLS# 22023081 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 in Greenwood

    This property features approximately 21 acres of unimproved commercial land situated in Greenwood, Indiana. The location is positioned off the newly constructed roundabouts on the southwest side of the Indianapolis metropolitan area, specifically at the interchange of I-69 and Smith Valley Road. According to local county authorities, this location is considered the new gateway into Greenwood, Indiana. The site offers a convenient commute to Indianapolis International Airport and downtown Indianapolis, as well as efficient access to southern Indiana.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Dental Office Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop Kitchen & Bath Daycare Center Women's Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.216942
    Latitude
    39.603949

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    FAQs

    What type of property is this?
    Land - 20+ acre commercial development site near I-69 and Smith Valley.
    Where is this land located?
    The property is located at 820 Mullinix Rd Greenwood, IN.
    What is the asking price?
    The asking price for this property is $8,309,922.
    What are key features of this property?
    This property features: - Prime commercial development opportunity on 21 acres +/-.; - Located at the I-69 and Smith Valley Road exchange in Greenwood, Indiana.; - Identified as the new gateway into Greenwood, Indiana.
    (317) 844-5111
    Request Owner's contact information
    820 Mullinix Rd Greenwood, IN 46143
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    Greenwood, IN 46143
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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
    820 Mullinix Rd Greenwood, IN 46143
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