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7.73 Acres Redevelopment Opportunity
For Sale
Contact for pricing
Pending

1117 East Main Street, Greenwood, IN 46143

7.73 acres near I-65, ready for redevelopment.

Property SizeContact for details
Lot Size7.73 Acres
Days on Market651

Property Features for 1117 East Main Street

General Information

Standard status Pending
Lot size 7.73 Acres
Property subtype Land
Zoning Commercial
Listing Agency: DNB Realty
Listed By: Nevada Matthews · License #IN
Source: Crexi
Added: Nov 8, 2024 Changed: Aug 10 Last Checked: Aug 20 at 7:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DNB Realty

Investment Insights

Based on property information with market context.

This 7.73-acre commercial land is located on Main Street near Interstate 65, south of Indianapolis. The site, a former motel location, offers easy Interstate access. Future improvements are planned for Main Street and the interstate exchange. The property is suitable for redevelopment as a modern hotel, medical center, or hospitality event center. All previously existing motel buildings have been removed, and there are no known environmental contingencies.

Key Highlights

  • 7.73 acres of land ready for redevelopment.
  • Excellent location near I‑65, south of Indianapolis.
  • Easy Interstate access.

Property Analytics

Current Use

Greenwood Hotel & Motel

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Building Supply Pharmacy Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

720
Businesses Nearby

Demographics for 46143, IN

62,618
Population
23,417
Households
2.7
Avg Household Size
36
Median Age
36%
College-Educated
93%
High-School Grad
49.4 sq mi
ZIP Area
1,268
Density / Sq Mi
$89,401
Median Household Income
$51,213
Median Earnings
$1,427
Median Rent
$295,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 7.73 acres near I-65, ready for redevelopment.
Where is this commercial land located?
The property is located at 1117 East Main Street Greenwood, IN.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 7.73 acres of land ready for redevelopment.; Excellent location near I‑65, south of Indianapolis.; Easy Interstate access.
More about this property
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