1500 State Road 135 Greenwood, IN 46143
- Retail properties
- 10,000 SF
- 2.51 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1500 State Road 135
- Lot size
- 2.51 lot acres
- Property size
- 10,000 SF
- Property type
- Retail properties
Description
This exceptional 2.51-acre retail lot, located at 1500 S State Road 135 in Greenwood, Indiana, presents a unique opportunity for development. Boasting 10,000 square feet of buildable space, the property offers significant frontage on State Road 135, measuring 230.42 feet, with a depth of 649 feet. The lot's irregular shape and sloping elevation make it ideal for a building with a basement, maximizing usable space. A preferred building site is at the top of the lot, providing excellent visibility from State Road 135. The interior of the development provides ample space (268 feet) for convenient ingress and egress. The property includes two parcels and features a rear area with mature trees, creating a park-like setting beneficial for both employees and customers. A drainage easement is located at the rear of the property. A pylon sign is also available, enhancing visibility and advertising potential. This high-traffic location offers exceptional exposure and presents a compelling opportunity for a variety of retail developments. The asking price is $725,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greenwood
- County
- Johnson
- State
- Indiana
- Longitude
- -86.1593
- Latitude
- 39.5947
