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    1700 Smith Valley Rd Greenwood, IN 46142

    For Lease
    $14 SF/Yr ($7,611 /Mo)

    Two suites available, 418-1336 sq ft.

    Lot size:
    6,524 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This Greenwood, Indiana office building at 1700 W Smith Valley Rd (Smith Valley Road and State Road 135) offers two available suites totaling 6,524 square feet. The building, constructed in 1995, is a Class B, two-story structure with multiple tenants and CM zoning. Currently, two suites are available for lease, ranging from 418 to 1,336 square feet. One option, located on the lower level (no elevator access), offers a tranquil setting with five private offices, ideal for focused work. This space can be subdivided to suit various needs, ranging from 127 to 1463 square feet. The property's prime location at the busy intersection of State Road 135 and Smith Valley Road in the Center Grove business area provides excellent visibility and accessibility. The building is categorized as both Traditional Office and Medical Office space, making it suitable for a variety of businesses. The zip code is 46142.

    Property Features for 1700 Smith Valley Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,524 SF
    Class
    B
    Total Rate
    7611.33

    Building Details

    Year Built
    1995
    Stories
    2

    Unit(s) available at that property

    Space
    Suite A3
    Size
    1,336 SF
    Rate per SF
    $19
    Space
    Suite A2
    Size
    1,315 SF
    Rate per SF
    $180

    HighLights

    • Lower‑level office suite available.
    • Flexible suite sizes from 127 to 1,463 square feet.
    • Suite features five private offices.
    • Includes a large storage closet.
    • Gross rent as low as $14 per square foot.
    • High‑traffic location at Smith Valley Road and State Road 135 (34,616 vehicles daily).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Michelle Luallen Social Worker Serenity Counseling, Coaching, ... Counselor Sullivan Law Office ... Legal Services Lambert Orthodontics Orthodontist Prime Lending Mortgage Lender

    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
    -86.158029806425
    Latitude
    39.606144962392

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    FAQs

    What type of property is this?
    Medical office - Two suites available, 418-1336 sq ft.
    Where is this medical office located?
    The property is located at 1700 Smith Valley Rd Greenwood, IN.
    What is the lease rate?
    The lease rate is $19-$180 SF/Yr.
    What are key features of this property?
    This property features: Lower-level office suite available.; Flexible suite sizes from 127 to 1,463 square feet.; Suite features five private offices.
    Request Owner's contact information
    1700 Smith Valley Rd Greenwood, IN 46142
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    Greenwood, IN 46142
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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

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    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
    1700 Smith Valley Rd Greenwood, IN 46142
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