5391 N State Rd 135, Greenwood, IN

Listing agent Jacque Haynes License #IN RB14042108

Listing office Midland Atlantic Indianapolis Office Show Phone

Listing date Mar 25, 2025

Source Moodyscre

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Overview

This +/- 105-acre commercial land parcel is located at the northeast corner of State Road 135 and Whiteland Road, considered the "bullseye" of Johnson County. The site is surrounded by significant residential growth and strong household incomes. Whiteland Road serves as an east-west thoroughfare connecting I-65 to the east and I-69 to the west, serving the areas of Greenwood, Center Grove, Bargersville, and Whiteland. There is demand for retail, restaurants, grocery stores, and retail services in the area. Greenwood’s Unified Development Ordinance supports mixed-use developments, including multifamily, single-family, retail, and commercial uses. The area has a 2.1% annual population growth rate within a one-mile radius and is served by Center Grove 4-Star Schools. The property is surrounded by over 1,000 planned residential lots, approximately 50% of which are currently occupied. The site features approximately +/- 2,576 linear feet of frontage along State Road 135, which is slated for expansion in 2033.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

• Map
• Local Demand

City

Greenwood

County

Johnson

State

Indiana

Longitude

-86.1585

Latitude

39.5634

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FAQs

What type of property is this?

Land - 105 acres at SR 135 & Whiteland Rd, Greenwood, IN

Where is this land located?

The property is located at 5391 N State Rd 135 Greenwood, IN.

What are key features of this property?

This property features: Located in the "Bullseye" of Johnson County at SR 135 & Whiteland Road, surrounded by tremendous residential growth and strong household incomes.; +/- 105 Acres suitable for mixed‑use development supported by Greenwood's UDO, including multifamily, single‑family, retail & commercial.; High‑traffic location on Whiteland Rd, a major east‑west thoroughfare connecting I‑65 and I‑69, serving multiple communities.