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    2023 S Meridian St Greenwood, IN 46143

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    For Lease
    Contact for pricing

    Retail space with high traffic and residential density.

    Property size:
    1,600 SF
    Lot size:
    1.60 Acres

    Property Features for 2023 S Meridian St

    General Information

    Size
    1,600 SF
    Lot size
    1.60 Acres

    Source: CBRE | Indianapolis Agent Nathaniel Delumpa

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

    Overview

    Retail Space on Meridian Street

    This retail space offers 1,600 square feet of available area. The location benefits from high residential density in the surrounding area. It features direct access to both north and south bound traffic on State Road 135, which sees a traffic volume of 41,973 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.105999
    Latitude
    39.588372

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    FAQs

    What type of property is this?
    Retail space - Retail space with high traffic and residential density.
    Where is this retail space located?
    The property is located at 2023 S Meridian St Greenwood, IN.
    What are key features of this property?
    This property features: - High residential density nearby; - Direct access to north and south bound SR 135 traffic; - Boasting 41,973 VPD (vehicles per day)
    (317) 269-1000
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    2023 S Meridian St 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
    2023 S Meridian St Greenwood, IN 46143
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