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    2866 North St Greenfield, IN 46140

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    For Sale
    Contact for pricing

    360 Acres, Mount Comfort, IN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 360-acre commercial development site presents a rare opportunity in the thriving Mount Comfort submarket of Greenfield, Indiana. Located at 2866 West 300 North, Hancock County, zip code 46140 (39.8278873, -85.8569523), this expansive parcel boasts a flat topography, ideal for efficient and cost-effective construction. The property's classification as a commercial development site offers significant potential for a wide range of projects. Its strategic location within a rapidly growing area ensures strong demand and future appreciation. The site's size is a key advantage, offering the potential for expansion to a contiguous area of up to 350-500 acres, providing unparalleled flexibility for large-scale developments. The robust local labor market further enhances the site's attractiveness to businesses seeking to establish or expand their operations. This is a unique opportunity to acquire a substantial land holding in a prime location with exceptional growth prospects. The property is zoned for commercial use and is ready for immediate development. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a significant piece of Greenfield's future.

    Property Features for 2866 North St

    General Information

    Property type
    Land
    Lot Size
    15,681,600 SF

    HighLights

    • ± 360‑acre commercial development site in Greenfield, IN.
    • Potential for expansion up to 500 acres.
    • Flat topography ideal for efficient construction.
    • Located in the rapidly growing Mount Comfort submarket.
    • Strong local labor market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Hancock
    State
    Indiana
    Longitude
    -85.8569523
    Latitude
    39.8278873

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    FAQs

    What type of property is this?
    Land - 360 Acres, Mount Comfort, IN
    Where is this land located?
    The property is located at 2866 North St Greenfield, IN.
    What are key features of this property?
    This property features: ± 360-acre commercial development site in Greenfield, IN.; Potential for expansion up to 500 acres.; Flat topography ideal for efficient construction.
    (317) 663-6538
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    2866 North St 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
    2866 North St Greenfield, IN 46140
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