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4648 W SMITH VLY RD, Greenwood, IN, 46142
Neighborhood Commercial Development Land

4648 W SMITH VLY RD Greenwood, IN 46142

For Sale
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Commercial land with 125 feet of frontage on Smith Valley Road for owner-users and developers targeting neighborhood services.

Property Size1,890 SF
Lot Size0.89 Acres
Price / SF$301.06
Days on Market56

Property Features for 4648 W SMITH VLY RD

General Information

Standard status
Active
Size
1,890 SF
Lot size
0.89 Acres
Property subtype
Retail

Building Details

Year Built
1951
Listing Agency: RE/MAX Advanced Realty
Listed By: Keith Turnbill · License #IN
Source: Crexi
Added: Jun 1 Changed: Jul 10 Last Checked: Jul 25 at 3:33AM

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 RE/MAX Advanced Realty


Investment Insights

Based on property information with market context.

This 0.89-acre commercial land parcel is designated Neighborhood Commercial in the latest Johnson County Comprehensive Plan. The site includes existing improvements that may be repurposed for continued use, or it can be redeveloped for a new commercial project, subject to applicable approvals.

Located in White River Township in the Center Grove area of Greenwood, Indiana, the property offers approximately 125 feet of frontage along Smith Valley Road. The frontage provides exposure to an estimated 14,000 vehicles per day, supporting visibility for a range of neighborhood-oriented business concepts.

The Neighborhood Commercial designation is intended to support a broad set of service uses, including professional office, medical, retail, restaurant, and other service-oriented businesses. This makes the site a practical fit for developers seeking a small, frontage-driven commercial location, and for owner-users who want a flexible property that can potentially be adapted for their specific operation.

Key Highlights

  • 0.89‑acre commercial site in White River Township, designated Neighborhood Commercial in the latest Johnson County Comprehensive Plan
  • Approximately 125 feet of frontage along Smith Valley Road with an estimated 14,000 vehicles per day
  • Plan designation supports a range of uses including professional office, medical, retail, restaurant, and service‑oriented businesses

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Dental Office Spa & Massage Center Real Estate Agency Nail Salon HVAC Service Kitchen & Bath Showroom Gym & Fitness Center Hair Salon Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Commercial land with 125 feet of frontage on Smith Valley Road for owner-users and developers targeting neighborhood services.
Where is this commercial land located?
The property is located at 4648 W SMITH VLY RD Greenwood, IN.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: 0.89‑acre commercial site in White River Township, designated Neighborhood Commercial in the latest Johnson County Comprehensive Plan; Approximately 125 feet of frontage along Smith Valley Road with an estimated 14,000 vehicles per day; Plan designation supports a range of uses including professional office, medical, retail, restaurant, and service‑oriented businesses
More about this property
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