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    1764 Stones Crossing Rd Greenwood, IN 46143

    For Sale
    $645,000

    Prime Greenwood location, tenant-occupied office.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 0.89-acre office property, located at 1764 W Stones Crossing Road in Greenwood, Indiana, presents a unique investment opportunity. Priced at $645,000, the building enjoys a highly desirable location directly across from the new St. Francis medical center, Redwood Apartments, and Citizens Bank, ensuring high visibility and accessibility. The property is currently tenant-occupied, therefore showings are unavailable and the tenant should not be disturbed. The building itself is not currently being shown. This strategic positioning offers significant advantages for potential investors seeking a strong return on investment. The property's size and location make it ideal for a variety of uses, capitalizing on the high traffic and established presence of neighboring businesses. The property's proximity to major amenities and a significant medical center creates a robust and stable tenant base. While the exact square footage is not currently available, the 0.89-acre lot provides ample space for potential expansion or future development. Sewer access is conveniently located across the street, adding to the property's overall practicality and appeal. This is a rare opportunity to acquire a well-situated, income-producing office building in a thriving Greenwood community. Serious inquiries only.

    Property Features for 1764 Stones Crossing Rd

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    38,768 SF

    Building Details

    Year Built
    1960
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.15726
    Latitude
    39.578

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Greenwood location, tenant-occupied office.
    Where is this office property / space located?
    The property is located at 1764 Stones Crossing Rd Greenwood, IN.
    What is the asking price?
    The asking price for this property is $645,000.
    (317) 422-5300
    Request Owner's contact information
    1764 Stones Crossing 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
    1764 Stones Crossing Rd Greenwood, IN 46143
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