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    2300 600 Greenfield, IN 46140

    Sponsored
    For Sale
    $2,310,000

    33+ Acres, I-70 Visibility, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 33.56-acre commercial land parcel presents a remarkable investment opportunity in Greenfield, Indiana. Strategically located with approximately 2000 feet of frontage along I-70, this property boasts unparalleled visibility and accessibility, ensuring high traffic exposure for any development. The site is zoned for a variety of commercial uses, including Commercial Regional (CR), Commercial Community (CC), and Commercial Neighborhood (CN), offering flexibility for diverse projects. Utilities are readily available at or near the site, simplifying the development process. Furthermore, its location within a Tax Increment Financing (TIF) District provides potential economic incentives. With over 59,000 vehicles passing daily, this location is ideal for businesses seeking high visibility and convenient access. Suitable uses could include self-storage facilities, warehouses, hotels/motels, or retail establishments. This prime location and flexible zoning make this a truly exceptional opportunity for significant commercial development. The property's address is 2300 N 600 W, Greenfield, IN 46140, in Hancock County. This is a rare chance to acquire a large, well-located parcel ready for immediate development. The asking price is $2,310,000.

    Property Features for 2300 600

    General Information

    Property type
    Land
    Lot Size
    1,461,874 SF

    HighLights

    • $2,310,000 asking price for 33.56 acres of commercial land.
    • Zoned CR, CC, and CN.
    • Utilities readily available.
    • High traffic count exceeding 59,000 vehicles daily.
    • Located in a Tax Increment Financing (TIF) District.
    • Excellent development opportunity suitable for self‑storage, warehouse, hotel/motel, or retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Repair Shop Auto Parts Store Gym & Fitness Food Market Grocery Store HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Hancock
    State
    Indiana
    Longitude
    -85.90603
    Latitude
    39.81795

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    FAQs

    What type of property is this?
    Land - 33+ Acres, I-70 Visibility, Development Ready
    Where is this land located?
    The property is located at 2300 600 Greenfield, IN.
    What is the asking price?
    The asking price for this property is $2,310,000.
    What are key features of this property?
    This property features: $2,310,000 asking price for 33.56 acres of commercial land.; Zoned CR, CC, and CN.; Utilities readily available.
    (317) 663-6538
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    2300 600 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
    2300 600 Greenfield, IN 46140
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