Hospitality Loop Development
For Sale
Contact for pricing
W 225 North, Greenfield, IN 46140
14 acres of developed land near Indianapolis.
Property SizeContact for details
Lot Size14.00 Acres
Days on Market711
Property Features for W 225 North
General Information
Standard status
Active
Lot size
14.00 Acres
Property subtype
Land
Zoning
IC- Interstate Commercial PUD
Listing Agency:
Tharp Realty Group
(317) 284-5534
Listed By:
Crystal Kennard · License #RB14051298
Source:
Crexi
Added: Aug 30, 2024
Changed: Aug 8
Last Checked: Aug 9 at 2:31PM
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 Tharp Realty Group
Investment Insights
Based on property information with market context.
This 14-acre parcel of developed land, known as the “Hospitality Loop” of Hancock Gateway Park, is located at the intersection of Mt. Comfort Road and I-70, approximately 15 minutes from Downtown Indianapolis. Situated in Hancock County, the property is suitable for restaurants and retail. The mixed-use community, started in 2019, is projected to have a future assessed value of $500 million. Hancock Regional Hospital anchors the community with a 20-acre medical campus. The Gateway Clinic, offering labs, diagnostic imaging, and immediate care, is located within the medical campus and is slated for expansion. Plans include a second hospital for Hancock Health, which began in 1950. Since 2020, various establishments have been developed in Hancock Gateway Park, including Randall Residence, Starbucks, Five-Star Dental, and Riley Crossing, the initial phase of a 1,200-unit mixed-use development. The Hancock Conference Center, a 26,000 square foot full-service banquet event center, is planned to be joined to a dual hotel featuring a Hilton Garden Inn and Home2Suites. The Hospitality Loop is centrally located along the Mt. Comfort Corridor, which connects the McCordsville|Geist region to the north and the New Palestine|Sugar Creek Township to the south. The Mt. Comfort Corridor has seen over $1 billion in new investment, creating over 3,700 jobs, and is projected to grow by 14,000 housing units over the next 10 years.
Key Highlights
- Located in the "Hospitality Loop" of Hancock Gateway Park at the intersection of Mt. Comfort Road and I‑70, 15 minutes from Downtown Indianapolis.
- Part of a sprawling, mixed‑use community developed by Hancock Regional Hospital, anchored by a 20‑acre medical campus.
- Projected future assessed value of the community is $500M.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
880
Businesses Nearby
Explore this area
Business Placement
Demographics for 46140, IN
41,708
Population
18,167
Households
2.3
Avg Household Size
42
Median Age
27%
College-Educated
93%
High-School Grad
172.5 sq mi
ZIP Area
242
Density / Sq Mi
$82,850
Median Household Income
$47,837
Median Earnings
$1,099
Median Rent
$227,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - 14 acres of developed land near Indianapolis.
Where is this commercial land located?
The property is located at W 225 North Greenfield, IN.
What are key features of this property?
This property features: Located in the "Hospitality Loop" of Hancock Gateway Park at the intersection of Mt. Comfort Road and I‑70, 15 minutes from Downtown Indianapolis.; Part of a sprawling, mixed‑use community developed by Hancock Regional Hospital, anchored by a 20‑acre medical campus.; Projected future assessed value of the community is $500M.
