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    Worthsville Rd & Sheek Rd Greenwood, IN 46143

    For Lease
    Contact for pricing

    High-traffic retail land, 1.49 acres.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.49-acre commercial land parcel presents a prime retail investment opportunity in Greenwood, Indiana. Situated at the highly visible intersection of Worthsville Road and Sheek Road, this property benefits from its strategic location at a gateway roundabout, ensuring maximum exposure to a substantial daily traffic volume. The property is zoned I-2, allowing for a diverse range of commercial uses. The expansive lot size offers significant development potential for a variety of retail concepts, from standalone buildings to multi-tenant complexes. This is an unparalleled chance to establish a strong presence in a thriving Greenwood submarket within Johnson County. The address is conveniently located at Worthsville Rd & Sheek Rd, Greenwood, IN 46143. The property consists of a single suite within a single building, totaling 1 square foot of building space. This is primarily a land opportunity, with the existing building space minimal. The property's location at a prominent roundabout ensures high visibility and accessibility for potential customers. This makes it an ideal location for businesses seeking to capitalize on high traffic counts and strong brand recognition. Serious inquiries are encouraged to explore the possibilities of this exceptional retail land offering.

    Property Features for 0 Worthsville Rd & Sheek Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    64,904 SF

    HighLights

    • Gas service restricted.
    • Excellent I‑465 access.
    • Situated at a prominent roundabout.
    • Directly across from Clark Pleasant Elementary & Middle Schools.
    • Divisible space, subject to approval.
    • High visibility and frontage on Worthsville Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.0774534
    Latitude
    39.58714065

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    FAQs

    What type of property is this?
    Land - High-traffic retail land, 1.49 acres.
    Where is this land located?
    The property is located at Worthsville Rd & Sheek Rd Greenwood, IN.
    What are key features of this property?
    This property features: Gas service restricted.; Excellent I-465 access.; Situated at a prominent roundabout.
    Request Owner's contact information
    Worthsville Rd & Sheek Rd 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
    Worthsville Rd & Sheek Rd Greenwood, IN 46143
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