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    3110 Smith Valley Rd Greenwood, IN 46142

    For Sale
    $2,200,000

    2.7 Acres, C-2 Zoning, $2.2M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.7-acre commercial land parcel presents a remarkable investment opportunity in Greenwood, Indiana. Located at 3110 W Smith Valley Rd, this property boasts a highly desirable C-2 zoning designation, opening doors to a wide array of commercial development possibilities. The expansive lot size provides ample space for various projects, from retail establishments and restaurants to office buildings and light industrial uses. Conveniently situated near the intersection of State Road 135 and Smith Valley Road, this location offers excellent visibility and accessibility, ensuring high traffic volume and strong potential for business success. The property's address is 3110 W Smith Valley Rd, Greenwood, IN 46142, with the APN number 410335044030000041. Its strategic placement allows for easy viewing from Marlin Drive, further enhancing its appeal. The asking price for this exceptional commercial land is $2,200,000. This is a rare opportunity to acquire a significant piece of commercial real estate in a thriving Indiana community. Don't miss out on this chance to build your business in a prime location. The property is easily accessible and visible from major roadways, making it an ideal location for a variety of commercial ventures. Serious inquiries are encouraged.

    Property Features for 3110 Smith Valley Rd

    General Information

    Property type
    Land
    Lot Size
    117,612 SF

    HighLights

    • 2.7‑acre commercial land parcel in Greenwood, Indiana.
    • Highly desirable C‑2 zoning allows for diverse commercial development.
    • Excellent visibility and accessibility at the intersection of State Road 135 and Smith Valley Road.
    • Located at 3110 W Smith Valley Rd, Greenwood, IN 46142 (APN: 410335044030000041).
    • $2,200,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.1611669
    Latitude
    39.6064309

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    FAQs

    What type of property is this?
    Land - 2.7 Acres, C-2 Zoning, $2.2M
    Where is this land located?
    The property is located at 3110 Smith Valley Rd Greenwood, IN.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 2.7-acre commercial land parcel in Greenwood, Indiana.; Highly desirable C-2 zoning allows for diverse commercial development.; Excellent visibility and accessibility at the intersection of State Road 135 and Smith Valley Road.
    Request Owner's contact information
    3110 Smith Valley Rd Greenwood, IN 46142
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    Greenwood, IN 46142
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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
    3110 Smith Valley Rd Greenwood, IN 46142
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