Commercial Land with Road
For Sale
$569,000
4648 W Smith Valley Road, Greenwood, IN 46142
Commercial Sale, Greenwood, IN
Property SizeContact for details
Lot Size0.89 Acres
Days on Market106
Property Features for 4648 W Smith Valley Road
General Information
Property type
Residential
Property subtype
Retail
Zoning
SR
High school
Center Grove High School
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
Just east of Morgantown Road on the north side of Smith Valley Road
Subdivision
4101 - Johnson - White River
Standard status
Active
APN
410334034076000038
Lot size
0.89 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
E Sw S34 T14 R3
Legal Description
E Sw S34 T14 R3
Utilities
Utilities
Cable Available
Listing Agency:
RE/MAX Advanced Realty · RE/MAX International
(317) 881-3700
Listed By:
Keith Turnbill · License #RB14035185
(317) 298-0961
Added: May 29
Changed: Sep 1
Last Checked: Sep 11 at 2:06AM
MLS# 22105440
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 0.89-acre commercial land parcel is zoned SR and carries a Neighborhood Commercial designation in the Johnson County Comprehensive Plan. The site includes existing improvements that may be reused, while the property can also support redevelopment for a new commercial project. Potential applications identified for the site include professional office, medical, retail, restaurant, and service-oriented businesses.
Located at 4648 W Smith Valley Road in Greenwood, the property provides approximately 125 feet of road frontage and exposure to an estimated 14,000 vehicles per day. Cable is available, and the site is situated in White River Township within Johnson County, near the Interstate 69 corridor.
Located at 4648 W Smith Valley Road in Greenwood, the property provides approximately 125 feet of road frontage and exposure to an estimated 14,000 vehicles per day. Cable is available, and the site is situated in White River Township within Johnson County, near the Interstate 69 corridor.
Key Highlights
- 0.89‑acre commercial land parcel in Greenwood, IN
- Approximately 125 feet of frontage on Smith Valley Road
- Estimated exposure to 14,000 vehicles per day
Property Analytics
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Current Use
Lease Details
14,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - SR-zoned site with roadside exposure and potential for office, medical, retail, restaurant, or service uses.
Where is this commercial land located?
The property is located at 4648 W Smith Valley Road 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 land parcel in Greenwood, IN; Approximately 125 feet of frontage on Smith Valley Road; Estimated exposure to 14,000 vehicles per day
