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    501 100 Greenfield, IN 46140

    Sponsored
    For Sale
    $4,680,000

    Prime Greenfield residential land, city utilities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 117.72-acre property presents a unique investment opportunity in Greenfield, Indiana. Located conveniently west of the intersection of Meridian Road and McKenzie Road, this expansive land parcel is situated within Greenfield city limits, offering immediate access to all essential city utilities. The property is comprised of two parcels, totaling 117.72 acres: one measuring 38.92 acres and the other a larger 77.90-acre parcel. Importantly, the larger 77.90-acre parcel is available for separate sale, providing flexibility for potential buyers. The land is zoned RM (Residential Medium Density), opening up various development possibilities. This prime location and zoning make it ideal for a variety of residential projects, offering significant potential for future growth and return on investment. The property's address is 501 W 100 N, Greenfield, IN 46140. Detailed surveys and further information are available upon request. The asking price for the entire 117.72-acre property is $4,680,000.

    Property Features for 501 100

    General Information

    Property type
    Land

    HighLights

    • 117.72‑acre Greenfield, Indiana land investment opportunity.
    • Located west of Meridian & McKenzie Roads within city limits, with access to all utilities.
    • Comprises two parcels (38.92 acres & 77.90 acres); 77.90‑acre parcel separately available.
    • RM (Residential Medium Density) zoning allows for various residential developments.
    • Address: 501 W 100 N, Greenfield, IN 46140; $4,680,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Hancock
    State
    Indiana
    Longitude
    -85.8088722
    Latitude
    39.798934

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    FAQs

    What type of property is this?
    Land - Prime Greenfield residential land, city utilities.
    Where is this land located?
    The property is located at 501 100 Greenfield, IN.
    What is the asking price?
    The asking price for this property is $4,680,000.
    What are key features of this property?
    This property features: 117.72-acre Greenfield, Indiana land investment opportunity.; Located west of Meridian & McKenzie Roads within city limits, with access to all utilities.; Comprises two parcels (38.92 acres & 77.90 acres); 77.90-acre parcel separately available.
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    501 100 Greenfield, IN 46140
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    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
    501 100 Greenfield, IN 46140
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