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Private Office Units with Shared Amenities
New
For Lease
$350/Mo

1602 W Smith Valley Road, Greenwood, IN 46142

Commercial Lease, Greenwood, IN

Space Size100 SF - 200 SF
Lot Size1.10 Acres
Days on Market1

Property Features for 1602 W Smith Valley Road

General Information

Property type Commercial Lease
Property subtype Office
Zoning Commercial Office
Parking features Guest
Elementary school district Center Grove Community School Corp
Middle school district Center Grove Community School Corp
High school district Center Grove Community School Corp
Directions GPS Friendly
Subdivision 4101 - Johnson - White River
Standard status Active
APN 410336033028001041
Lot size 1.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Brann Sub Pt Lot 6
Legal Description Brann Sub Pt Lot 6

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Amenities

shared waiting/conference area
kitchen
restrooms
paved parking lot

Building Details

Year built 1956
Listing Agency: eXp Realty, LLC
Listed By: Andy Ludlow · License #RB15001428
Added: Aug 28 Last Checked: Aug 28 at 6:06PM
MLS# 22123140

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial office offering includes two private 10-by-10 offices that can be leased individually or together. A connecting door provides direct access between the offices, while luxury vinyl plank flooring, a shared waiting and conference area, kitchen, and restrooms support day-to-day operations. Central air and forced-air heating serve the space.

The property is located on W Smith Valley Road in Greenwood and includes street visibility, a large paved parking lot, and one reserved parking space for each office. Internet and all utilities are included, with a one-year lease term. The property carries Commercial Office zoning and was built in 1956.

Key Highlights

  • Two private 10‑by‑10 offices available for individual or combined lease
  • Connecting door allows the two offices to function together
  • Shared waiting and conference area, kitchen, and restrooms

Property Analytics

Current Use

Janet Storm Enterprises Crisis Center Store-N-Lock Mini Storage Storage Facility Price Law Office, ... Law Firm Morgan Remodel LLC Construction Company ATOMIC BUNNY Massage Alternative Medicine Practice

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Parking Lot & Garage Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby

Demographics for 46142, IN

32,052
Population
14,396
Households
2.2
Avg Household Size
40
Median Age
39%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,151
Density / Sq Mi
$85,611
Median Household Income
$47,831
Median Earnings
$1,122
Median Rent
$266,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two private offices offer separate leasing options with shared conference, kitchen, and restroom areas.
Where is this office units located?
The property is located at 1602 W Smith Valley Road Greenwood, IN.
What is the lease rate?
The lease rate is $350/Mo.
What are key features of this property?
This property features: Two private 10‑by‑10 offices available for individual or combined lease; Connecting door allows the two offices to function together; Shared waiting and conference area, kitchen, and restrooms
More about this property
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