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    1490 Olive Branch Parke Ln Greenwood, IN 46143

    For Sale
    $725,000

    1.96 Acres, 4,000 SF, C-2 Zoning

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property, located at 1490 Olive Branch Parke Lane in Greenwood, Indiana, presents a unique investment opportunity. The 1.963-acre lot boasts 4,000 square feet of buildable space and is zoned C-2, allowing for a wide range of commercial uses. Situated in Johnson County, with a convenient 46143 zip code, this property offers excellent visibility and accessibility. The property's location provides easy access to major transportation routes, ensuring high traffic flow and potential for significant customer reach. The asking price is $725,000. The Assessor's Parcel Number (APN) is 410402044078000-041. This land parcel presents a compelling opportunity for developers and investors seeking a strategic location in a thriving Indiana market. The substantial lot size and flexible zoning regulations provide ample room for creativity and diverse commercial ventures. Don't miss this chance to acquire a prime piece of Greenwood real estate. Serious inquiries only.

    Property Features for 1490 Olive Branch Parke Ln

    General Information

    Property type
    Retail properties
    Square Feet
    4,000 SF

    HighLights

    • 1.963‑acre lot in Greenwood, Indiana.
    • 4,000 square feet of buildable space.
    • C‑2 zoning allows diverse commercial uses.
    • Excellent visibility and accessibility in Johnson County (zip code 46143).
    • Asking price: $725,000.
    • Assessor's Parcel Number (APN): 410402044078000‑041.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.159921605842
    Latitude
    39.595403719509

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    FAQs

    What type of property is this?
    Retail property - 1.96 Acres, 4,000 SF, C-2 Zoning
    Where is this retail property located?
    The property is located at 1490 Olive Branch Parke Ln Greenwood, IN.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: 1.963-acre lot in Greenwood, Indiana.; 4,000 square feet of buildable space.; C-2 zoning allows diverse commercial uses.
    Request Owner's contact information
    1490 Olive Branch Parke Ln 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
    1490 Olive Branch Parke Ln Greenwood, IN 46143
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