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    201 S State Road 135 Greenwood, IN 46142

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    For Lease
    Contact for pricing

    4,051 SF retail building on heavily traveled SR 135.

    Property size:
    2,155 SF
    Lot size:
    0.34 Acres

    Property Features for 201 S State Road 135

    General Information

    Size
    2,155 SF
    Lot size
    0.34 Acres

    Source: Tharp Realty Agent Crystal Kennard

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

    Overview

    Freestanding Building on SR 135

    This freestanding building offers 4,051 square feet of retail space. It is situated on a 2,155 square foot lot. The property is located along the heavily traveled State Road 135 corridor at a signalized intersection, across from a Meijer store. The location is in a highly sought-after submarket along State Road 135, offering excellent visibility and strong traffic counts. The property is surrounded by major retailers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    American Mattress Mattress Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.158422
    Latitude
    39.62089

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    FAQs

    What type of property is this?
    Retail space - 4,051 SF retail building on heavily traveled SR 135.
    Where is this retail space located?
    The property is located at 201 S State Road 135 Greenwood, IN.
    What are key features of this property?
    This property features: - Heavily traveled SR 135 corridor location at signalized intersection across from Meijer.; - Located in highly sought after submarket along SR 135.; - Excellent Visibility.
    (317) 418-2464
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    201 S State Road 135 Greenwood, IN 46142
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    Greenwood, IN 46142
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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
    201 S State Road 135 Greenwood, IN 46142
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