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    1789-1798 Melody Ln Greenfield, IN 46140

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    For Sale
    $1,500,000

    7,800 SF retail building with existing tenants in Greenfield, IN.

    Property size:
    7,800 SF
    Lot size:
    0.90 Acres

    Property Features for 1789-1798 Melody Ln

    General Information

    Size
    7,800 SF
    Lot size
    0.90 Acres

    Source: Joseph Rossi & Associates, Inc (JRA) - Corporate Agent Michael Wood

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

    Overview

    Multi-Tenant Retail Building For Sale

    This 7,800 square foot multi-tenant retail building is located in Greenfield, Indiana. The property features a 3,300 square foot turn-key dental space with an existing patient base, along with additional income-producing tenants. Current tenants include Edward Jones, Beltone, and a Salon. Situated near Hancock Regional Hospital and just off I-70, the building benefits from a high-traffic corridor, excellent visibility, and ample parking. The location offers close proximity to major retailers and residential expansion areas. This property is suitable for dentists looking to purchase a building with additional real estate income.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    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
    Greenfield
    County
    Hancock
    State
    Indiana
    Longitude
    -85.76729
    Latitude
    39.809032

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    FAQs

    What type of property is this?
    Strip mall - 7,800 SF retail building with existing tenants in Greenfield, IN.
    Where is this strip mall located?
    The property is located at 1789-1798 Melody Ln Greenfield, IN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 3,300 SF turn-key dental space with existing patient base; - Multi-tenant retail building with additional income-producing tenants; - High-traffic location near Hancock Regional Hospital and I-70
    (630) 353-1190
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    1789-1798 Melody Ln 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
    1789-1798 Melody Ln Greenfield, IN 46140
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