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    FOR SALE
    Commercial real estate

    3124 W Smith Valley Rd, Greenwood, IN 46142

    2 ac lot
    Property ID
    US31-0357317
    Property summary
    AI-generated overview

    This exceptional 2-acre commercial land parcel, located at 3124 W Smith Valley Rd in Greenwood, Indiana (46142), presents a unique investment opportunity. Zoned C-2, this property offers high visibility and significant traffic counts, boasting adjacency to CVS and proximity to Menards. Future development plans include a new connecting drive to Marlin Drive and a major Smith Valley Road upgrade tied to the I-69/I-65 interchange. The property's strategic location within the thriving Center Grove community makes it perfect for a variety of uses, including office space, retail establishments, restaurants, or car washes. The APN is 410335044031000041. While the current listing includes approximately 2 acres, there's potential for expansion with additional acreage available to the west. Three adjacent parcels totaling 2.9 acres are also available to the east. Showings require 24-hour advance notice. Please respect tenants and avoid unscheduled visits. Asking price is $995,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2 ac (87,120 SF)
    APN 410335044031000041
    UPID US31-0357317
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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