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Property profile & analytics
OFF-MARKET
Commercial land

2201 Main St Greenfield, IN 46140-2718

5.18 ac lot
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US31-1078726
Property summary
AI-generated overview

This exceptional 5.18-acre parcel is ideally situated at 2201 W Main Street in Greenfield, Indiana, presenting a prime opportunity for retail development. The property boasts a highly desirable commercial zoning designation, ensuring flexibility for a wide range of retail ventures. A key advantage is the presence of a traffic signal directly at the corner, guaranteeing excellent visibility and accessibility for potential customers. Furthermore, the popular Pensey Bike Trail conveniently traverses the property's northern and western boundaries, offering significant foot traffic and recreational exposure. The vacant land provides a blank canvas for a new construction project, allowing for complete customization to meet specific business needs. This strategic location, combined with the high traffic count and unique trail access, makes this property an exceptional investment for discerning entrepreneurs seeking a prominent Greenfield presence. The expansive acreage offers ample space for substantial development, accommodating large-scale retail projects or the creation of a multi-tenant retail center. Serious inquiries are encouraged to explore the possibilities of this remarkable Greenfield commercial land opportunity. The property is offered at $490,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 5.18 ac (225,641 SF)
APN 30-10-01-100-009.000-009
UPID US31-1078726
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Elanco Us INC · 8 yrs held
Elanco Us INC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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