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    Meridian Oaks Dr Greenwood, IN 46142

    For Sale
    $325,000

    1.97-acre lot, ideal for various uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.97-acre commercial lot, located at 0 Meridian Oaks Drive in Greenwood, Indiana (46142), presents a unique investment opportunity. Zoned B-1, this property offers significant potential for a variety of commercial ventures. The lot boasts excellent visibility and accessibility, situated on Meridian Oaks Drive with exposure to State Road 135. Benefiting from its strategic location, the property is bordered by a bank and Caliber Car Repair, providing high traffic and brand synergy potential. The land gently slopes, creating a natural knoll perfect for a building pad, and features a retention pond in front of the proposed building site. A pre-existing driveway provides convenient access, and a drive to the rear of the property showcases potential building design options. The seller is open to a built-to-suit arrangement or a lease-back option, offering flexibility for potential buyers. Please note that a cell tower located at the rear of the parcel is not included in the sale. The APN is 410336023004002041. This property is ready for development and represents an excellent chance to establish a thriving business in a high-demand area. Serious inquiries only.

    Property Features for 0 Meridian Oaks Dr

    General Information

    Property type
    Land
    Lot Size
    85,813 SF

    HighLights

    • $325,000 asking price.
    • 1.97‑acre commercial land parcel.
    • B‑1 zoning.
    • Located at 0 Meridian Oaks Drive, Greenwood, IN 46142 (APN: 410336023004002041).
    • High visibility on State Road 135.
    • Suitable for auto‑related, office, or retail uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.15794635
    Latitude
    39.61451348

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    FAQs

    What type of property is this?
    Land - 1.97-acre lot, ideal for various uses.
    Where is this land located?
    The property is located at Meridian Oaks Dr Greenwood, IN.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 asking price.; 1.97-acre commercial land parcel.; B-1 zoning.
    Request Owner's contact information
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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
    Meridian Oaks Dr Greenwood, IN 46142
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