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Commercial Land with State Road Frontage
For Sale
$500,000
Pending

2197 S State Road 135, Greenwood, IN 46143

Two-lot commercial land parcel with approximately 99 feet of frontage on a major roadway in Greenwood, Indiana.

Property SizeContact for details
Days on Market436

Property Features for 2197 S State Road 135

General Information

Standard status Pending
Property subtype Land
Listing Agency: Epique Inc
Listed By: Ted Durlacher
Source: Exprealty
Added: Jun 12, 2025 Changed: Aug 20 Last Checked: Aug 21 at 10:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Epique Inc

Investment Insights

Based on property information with market context.

This offering includes two commercial land lots at 2197 S State Road 135. The property has approximately 99 feet of frontage along the roadway, providing an accessible site for a variety of development concepts subject to applicable approvals.

Located in Greenwood’s commercial corridor, the site is positioned among established retail and service businesses. Public remarks note nearby names including Kroger, Starbucks, Walgreens, and Greenwood Park Mall, supporting a commercial retail environment.

For buyers and developers seeking land for an office building, apartment complex, or other commercial-residential project, the combination of two lots and meaningful roadway frontage can support flexible site planning. The ability to coordinate development with adjoining properties may also be considered for those evaluating larger-scale opportunities, subject to local requirements and acquisition details. Prospective buyers should verify intended uses and any site constraints through appropriate due diligence prior to closing.

Key Highlights

  • Two‑lot commercial land parcel in Greenwood, IN
  • Approximately 99 feet of frontage along a major roadway
  • Zoned and suited for potential office building, apartment complex, or other development

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Spa & Massage Center Hair Salon Restaurant Auto Repair Shop Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby

Demographics for 46143, IN

62,618
Population
23,417
Households
2.7
Avg Household Size
36
Median Age
36%
College-Educated
93%
High-School Grad
49.4 sq mi
ZIP Area
1,268
Density / Sq Mi
$89,401
Median Household Income
$51,213
Median Earnings
$1,427
Median Rent
$295,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Two-lot commercial land parcel with approximately 99 feet of frontage on a major roadway in Greenwood, Indiana.
Where is this commercial land located?
The property is located at 2197 S State Road 135 Greenwood, IN.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two‑lot commercial land parcel in Greenwood, IN; Approximately 99 feet of frontage along a major roadway; Zoned and suited for potential office building, apartment complex, or other development
More about this property
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