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    6171 300 Greenfield, IN 46140

    Sponsored
    For Sale
    $2,037,000

    3.88-acre commercial/industrial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 3.88-acre parcel of land presents a remarkable investment opportunity in Greenfield, Indiana. Located at 6171 W 300 N, Hancock County, zip code 46140, this fee-simple property is zoned "IBP" (INDUSTRIAL BUSINESS PARK) per Section 156.035 of the Hancock County Zoning Ordinance, offering considerable flexibility for development. The asking price is $2,037,000, translating to $525,000 per acre. This prime location boasts excellent access to I-70, fueling tremendous new growth in the area. The property's versatility allows for the construction of one, two, or even three separate buildings, catering to a variety of uses. Potential development options include hotels, motels, medical offices, or business support offices. Conveniently situated, sewer and water mains run parallel to 300 North at the property's north end. This is a land-only sale, representing a unique chance to capitalize on the burgeoning commercial and industrial landscape of Greenfield. Don't miss this chance to acquire a strategically located parcel with significant development potential.

    Property Features for 6171 300

    General Information

    Property type
    Land
    Lot Size
    169,013 SF

    HighLights

    • $2,037,000 asking price for 3.88 acres of land.
    • Fee simple ownership.
    • Located at 6171 W 300 N, Greenfield, IN 46140.
    • Zoned IBP (Industrial Business Park), suitable for hotel, motel, medical offices, or business support offices.
    • $525,000 per acre land value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Hancock
    State
    Indiana
    Longitude
    -85.919157467624
    Latitude
    39.826955970216

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    FAQs

    What type of property is this?
    Land - 3.88-acre commercial/industrial lot, prime location.
    Where is this land located?
    The property is located at 6171 300 Greenfield, IN.
    What is the asking price?
    The asking price for this property is $2,037,000.
    What are key features of this property?
    This property features: $2,037,000 asking price for 3.88 acres of land.; Fee simple ownership.; Located at 6171 W 300 N, Greenfield, IN 46140.
    Request Owner's contact information
    6171 300 Greenfield, IN 46140
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6171 300 Greenfield, IN 46140
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