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    1761 Main St Greenwood, IN 46143

    Sponsored
    For Sale
    $2,300,000

    7.69-acre IC-zoned lot, I-65 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.69-acre commercial property presents a significant investment opportunity in Greenwood, Indiana. Located at 1761 E Main St, this land parcel boasts an advantageous IC zoning designation, opening doors to a variety of commercial and industrial uses. Its prime location offers easy access to Interstate 65, placing businesses within reach of a major transportation artery. The property's substantial size provides ample space for development, catering to a wide range of projects. Situated in a rapidly growing economic corridor, this land benefits from Greenwood's thriving commercial and industrial landscape, experiencing significant population and business growth. The APN is 41-02-34-041-030.000-030. The asking price for this strategically located property is $2,300,000. Please note that the property is not approved for truck parking. This presents a rare chance to capitalize on the area's burgeoning potential and establish a strong presence in a dynamic market. Serious inquiries are encouraged to explore the possibilities this exceptional land offering provides.

    Property Features for 1761 Main St

    General Information

    Property type
    Land
    Lot Size
    334,976 SF

    HighLights

    • 7.69‑acre parcel zoned IC, ideally situated near I‑65 in Greenwood, Indiana.
    • Excellent I‑65 visibility and accessibility.
    • High‑growth area with strong economic indicators.
    • IC zoning.
    • Not suitable for truck parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.068407484556
    Latitude
    39.614650920148

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    FAQs

    What type of property is this?
    Land - 7.69-acre IC-zoned lot, I-65 access.
    Where is this land located?
    The property is located at 1761 Main St Greenwood, IN.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: 7.69-acre parcel zoned IC, ideally situated near I-65 in Greenwood, Indiana.; Excellent I-65 visibility and accessibility.; High-growth area with strong economic indicators.
    Request Owner's contact information
    1761 Main St Greenwood, IN 46143
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    Greenwood, IN 46143
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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
    1761 Main St Greenwood, IN 46143
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