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    3601 State Road 135 Greenwood, IN 46143

    For Sale
    $1,950,000

    Prime Greenwood location, large office space, high visibility.

    Property size:
    1,506 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property presents a unique investment opportunity in Greenwood, Indiana. The offering encompasses three parcels totaling 4.19 acres of land, all zoned Commercial Medium (CM), providing significant development potential. The property boasts an impressive 499 feet of road frontage along State Road 135, ensuring high visibility and accessibility for any business. The existing office building comprises 1,506 square feet of usable space, ideal for a variety of commercial uses. The sale includes all three parcels

    Property Features for 3601 State Road 135

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,506 SF
    Lot Size
    182,516 SF

    Building Details

    Year Built
    1930
    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 Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.15843
    Latitude
    39.56462

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Greenwood location, large office space, high visibility.
    Where is this office property / space located?
    The property is located at 3601 State Road 135 Greenwood, IN.
    What is the asking price?
    The asking price for this property is $1,950,000.
    (317) 679-2121
    Request Owner's contact information
    3601 State Road 135 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
    3601 State Road 135 Greenwood, IN 46143
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