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    200 W North St North Greenfield, IN 46140

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    For Sale
    Contact for pricing

    Multifamily development site with I-70 access and high visibility.

    Building Details

    Year built
    1957

    Source: Michael Horrigan, SIOR, ALC Agent Michael Horrigan, SIOR, ALC

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High Density Residential Land

    This land is zoned for High Density Residential (R5) use. It is a multifamily development site with immediate access to I-70. The property is adjacent to the new Hancock Regional Hospital and offers phenomenal visibility on high-traffic-count Mount Comfort Rd. The site's flexibility allows for various development types, making it suitable for a wide range of projects. Situated in a thriving area, this land listing capitalizes on the region's positive economic growth and increasing demand for commercial and residential properties.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Hancock
    State
    Indiana
    Longitude
    -85.766756
    Latitude
    39.786571

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    FAQs

    What type of property is this?
    Land - Multifamily development site with I-70 access and high visibility.
    Where is this land located?
    The property is located at 200 W North St North Greenfield, IN.
    What are key features of this property?
    This property features: - High Density Residential (R5) Zoning allows for multifamily development.; - Immediate Access to I-70 provides excellent transportation links.; - Adjacent to New Hancock Regional Hospital, offering proximity to a major employer.
    (317) 439-3452
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    200 W North St North Greenfield, IN 46140
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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
    200 W North St North Greenfield, IN 46140
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