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    1146 N Emerson Ave Greenwood, IN 46143

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    For Lease
    Contact for pricing

    New retail center near major retailers and employers.

    Property size:
    10,800 SF
    Lot size:
    1.02 Acres

    Property Features for 1146 N Emerson Ave

    General Information

    Size
    10,800 SF
    Lot size
    1.02 Acres

    Source: Veritas Realty Agent Andrew Demaree

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

    Overview

    Retail Center in Greenwood, Indiana

    This new construction small shop retail center is scheduled for completion in the fall of 2024. It is anchored by Emerson Pointe, a 65,000 square foot shopping center, and a recently completed 218-unit high-end apartment development. The property is located at a super regional intersection, surrounded by national retailers including Walmart Supercenter, Costco, Kroger Marketplace, and Floor & Decor. The location offers easy access to I-65 and is a 15-minute drive to downtown Indianapolis. Strong daytime demographics are supported by major employers, including Franciscan Health Hospital with 1,600 full-time employees and a new Cummins center with over 500 employees. The property offers a total size of 10,800 square feet and is located at 1146 N Emerson Ave, Greenwood, IN.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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.

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Emerson Pointe, Greenwood Springs Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.083459
    Latitude
    39.634088

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    FAQs

    What type of property is this?
    Shopping center - New retail center near major retailers and employers.
    Where is this shopping center located?
    The property is located at 1146 N Emerson Ave Greenwood, IN.
    What are key features of this property?
    This property features: - New construction retail center delivering Fall 2024, anchored by Emerson Pointe shopping center and a 218-unit apartment development.; - Located at a super-regional intersection with high visibility, surrounded by national retailers like Walmart, Costco, and Kroger.; - Easy access to I-65 and a short 15-minute drive to downtown Indianapolis.
    (317) 737-2880
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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
    1146 N Emerson Ave Greenwood, IN 46143
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