Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3542 W Us Highway 40 Greenfield, IN 46140

    For Sale
    $789,000

    Versatile commercial property with office, living space, and barns.

    Lot size:
    2.58 Acres

    Property Features for 3542 W Us Highway 40

    General Information

    Lot size
    2.58 Acres

    Source: F.C. Tucker Company Agent Annie Scott

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

    Overview

    Greenfield Commercial Property with Living

    Located in Greenfield, Indiana, this property offers a rare opportunity in a rapidly growing corridor. Situated on 2.83 acres along US Highway 40, the property includes a commercial office building with a living space above, suitable for a live/work setup or rental income. Two large, well-maintained barns provide versatile utility for storage, workshops, or redevelopment. The expansive land allows for potential expansion, additional structures, or outdoor storage. The property's frontage on US Highway 40 provides visibility and accessibility. Minutes from Greenfield’s revitalized downtown and an easy drive to Indianapolis, the location combines small-town charm with access to a high-traffic commercial corridor. The property is located in an area poised for continued appreciation. An active business is currently operating on-site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Building Supply Dental Office Auto Repair Shop Gym & Fitness Department Store Kitchen & Bath Food Market HVAC Service Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Hancock
    State
    Indiana
    Longitude
    -85.86607
    Latitude
    39.78118

    Nearby Similar for Sale

    • $309,000
      0.24 Acres

      Renovated Duplex in Greenfield, IN

      Fully furnished, renovated duplex in a convenient Greenfield location.
      518 N State St, Greenfield, IN 46140
      View Details
    • $340,000
      2,528 SF

      Mixed-Use Investment Opportunity

      Versatile property with commercial space and updated apartments in Greenfield.
      421 N State St, Greenfield, IN 46140
      View Details
    • $340,000
      0.31 Acres

      Greenfield Triplex Investment Opportunity

      Commercial space and two updated apartments in a high-visibility location.
      421 N State St, Greenfield, IN 46140
      View Details
    • $359,400
      0.17 Acres

      Restored Duplex in Greenfield, Indiana

      Restored duplex in prime location near downtown Greenfield attractions.
      433 W Main St, Greenfield, IN 46140
      View Details
    • $160,000
      0.14 Acres

      Greenfield Duplex: Investment Opportunity

      Duplex in Greenfield, Indiana, with income potential and renovation opportunity.
      507 S Pennsylvania St, Greenfield, IN 46140
      View Details
    • $4,500,000
      39,097 SF

      Greenfield Shopping Center with Auto Repair

      Well-known shopping center with auto repair shop on 5.1 acres.
      1244 W Main St, Greenfield, IN 46140
      View Details

    FAQs

    What type of property is this?
    Office building - Versatile commercial property with office, living space, and barns.
    Where is this office building located?
    The property is located at 3542 W Us Highway 40 Greenfield, IN.
    What is the asking price?
    The asking price for this property is $789,000.
    What are key features of this property?
    This property features: - Prime 2.83-acre location on US Highway 40 in rapidly growing Greenfield, Indiana.; - Commercial office building with a spacious living space above, suitable for live/work or rental income.; - Two large, well-maintained barns offering versatile utility for storage, workshops, or redevelopment.
    (317) 902-8622
    Request Owner's contact information
    3542 W Us Highway 40 Greenfield, IN 46140
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3542 W Us Highway 40
    Greenfield, IN 46140
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3542 W Us Highway 40 Greenfield, IN 46140
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.