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    100 Bluff Rd Greenwood, IN 46142

    For Sale
    $1,986,250

    I-69 Frontage, 5.675 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.675-acre commercial land parcel presents a remarkable investment opportunity in Greenwood, Indiana. Strategically located at 100 N Bluff Rd, 46142, the property boasts 595 feet of frontage along I-69 and an additional 474 feet of frontage on Bluff Road. This high-visibility location is immediately adjacent to PNC Bank and other established retail businesses, ensuring excellent exposure and accessibility. The property is zoned B-1, offering a wide range of development possibilities. The land is priced at $1,986,250, translating to $8.03 per square foot. The parcel's convenient access to the I-69 County Line Road interchange further enhances its appeal. With a total area of 5.675 acres, this site is ideal for a variety of commercial ventures. The property's location just south of the I-69 County Line Road interchange provides easy access to major transportation routes, making it an attractive location for businesses seeking high visibility and convenient access for customers and employees. The parcel's ample size and prime location make it a highly desirable investment opportunity for developers and businesses seeking to establish a strong presence in a thriving commercial area. The Johnson County location and proximity to established businesses offer a stable and growing market. The property's APN is 41-03-28-012-061.000-038. Parking is estimated at one space per 1,000 square feet.

    Property Features for 100 Bluff Rd

    General Information

    Property type
    Land
    Lot Size
    247,203 SF

    HighLights

    • $1,986,250 asking price for 5.675 acres of commercial land.
    • B‑1 zoning.
    • 595' of I‑69 frontage and 474' of Bluff Road frontage.
    • Located near I‑69/County Line Road interchange, adjacent to PNC Bank and other retail.
    • APN: 41‑03‑28‑012‑061.000‑038.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.2127976
    Latitude
    39.6138897

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    FAQs

    What type of property is this?
    Land - I-69 Frontage, 5.675 Acres
    Where is this land located?
    The property is located at 100 Bluff Rd Greenwood, IN.
    What is the asking price?
    The asking price for this property is $1,986,250.
    What are key features of this property?
    This property features: $1,986,250 asking price for 5.675 acres of commercial land.; B-1 zoning.; 595' of I-69 frontage and 474' of Bluff Road frontage.
    (317) 844-2700
    Request Owner's contact information
    100 Bluff 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
    100 Bluff Rd Greenwood, IN 46142
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