Commercial Land with Existing
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 Market152
Property Features for 4648 W Smith Valley Road
General Information
Property type
Commercial Sale
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
Tax Annual Amount
550
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
(317) 298-0961
Added: May 29
Changed: Oct 8
Last Checked: Oct 27 at 6:06AM
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.
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Investment Insights
Based on property information with market context.
This 0.89-acre commercial parcel includes existing improvements that may remain in use or be replaced as part of a new project. The property is designated Neighborhood Commercial in the Johnson County Comprehensive Plan, with SR zoning. Cable is available.
The site has approximately 125 feet of frontage along Smith Valley Road, with estimated traffic of 14,000 vehicles per day. It is in White River Township, and Interstate 69 is identified as a driver of area growth.
The site has approximately 125 feet of frontage along Smith Valley Road, with estimated traffic of 14,000 vehicles per day. It is in White River Township, and Interstate 69 is identified as a driver of area growth.
Key Highlights
- 0.89‑acre commercial parcel
- Approximately 125 feet of frontage on Smith Valley Road
- Estimated traffic of 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
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Dining 7%
Speedway
Shops & Services
21,382 visits/mo
0.4 miles
Domino's Pizza
Dining
1,634 visits/mo
0.3 miles
Christian Brothers Automotive
Shops & Services
598 visits/mo
0.4 miles
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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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Commercial land - A roadside parcel with existing improvements offers flexibility for continued use or redevelopment.
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 parcel; Approximately 125 feet of frontage on Smith Valley Road; Estimated traffic of 14,000 vehicles per day
