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Prime Commercial Land Opportunity
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4976 W Smith Valley Road, Greenwood, IN 46142

1.7 acres with 4400 SF building near I-69.

Property Size4,400 SF
Lot Size1.70 Acres
Price / SF$255.68
Days on Market505

Property Features for 4976 W Smith Valley Road

General Information

Standard status Active
Size 4,400 SF
Lot size 1.70 Acres
Property subtype Retail, Land, Special Purpose
Zoning General Commercial

Building Details

Year Built 1970
Buildings 1
Units 1
Listing Agency: Century 21 Scheetz Carmel
Listed By: Mark Linder · License #IN
Source: Crexi
Added: Apr 4, 2025 Changed: Aug 17 Last Checked: Aug 20 at 4:55PM

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 Century 21 Scheetz Carmel

Investment Insights

Based on property information with market context.

This property presents an opportunity to purchase 1.7 acres of commercial land, consisting of three parcels. Located at the intersection of Smith Valley and Morgantown Road, the property includes a 4,400 square foot building that formerly operated as an auto repair shop. Its location is minutes from the Smith Valley and I-69 interchange. The property offers opportunities for office or retail space. There is also an option to purchase two parcels containing approximately 0.8 acres along with the building.

Key Highlights

  • 1.7 acres of PRIME commercial land on 3 parcels.
  • Located at the high‑traffic Smith Valley and Morgantown Road intersection.
  • Minutes from the Smith Valley and I‑69 interchange.

Property Analytics

Current Use

KC's Cause Association / Organization KLC Laser Engraver

Suggested Use

Top Pick Restaurant Real Estate Agency Spa & Massage Center Dental Office Nail Salon Hair Salon

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

117
Businesses Nearby

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
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 - 1.7 acres with 4400 SF building near I-69.
Where is this commercial land located?
The property is located at 4976 W Smith Valley Road Greenwood, IN.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: 1.7 acres of PRIME commercial land on 3 parcels.; Located at the high‑traffic Smith Valley and Morgantown Road intersection.; Minutes from the Smith Valley and I‑69 interchange.
(317) 844-5111 Call to check price and availability
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