225 North St Greenfield, IN 46140

Property Details for 225 North St

Lot size

14.00 lot acres

Property type

Land

Description

This exceptional 14-acre commercial land parcel, known as the "Hospitality Loop," is ideally situated within the rapidly expanding Hancock Gateway Park (HGP) in Greenfield, Indiana (zip code 46140). Located at the intersection of Mt. Comfort Road and I-70, this pad-ready site boasts high visibility and is only 15 minutes from downtown Indianapolis. The property is zoned IC- Interstate Commercial PUD, with a minimum lot size of 40,000 square feet, and benefits from an existing master stormwater drainage system. HGP is a thriving mixed-use community anchored by a 20-acre medical campus developed by Hancock Regional Hospital, including the Gateway Clinic and a planned second hospital. The area is experiencing significant growth, with over $1 billion in recent investment and projected growth of 14,000 housing units in the next decade. Existing businesses within HGP include Starbucks, Five-Star Dental, and Randall Residence, an aging-in-place campus. Future developments include a 26,000 square foot Hancock Conference Center connected to a dual Hilton Garden Inn and Home2Suites hotel, and the initial phase of a 1,200-unit mixed-use development, Riley Crossing. This prime location, situated along the Mt. Comfort Corridor, is perfectly suited for restaurants and retail establishments, capitalizing on the growth of the McCordsville|Geist and New Palestine|Sugar Creek Township communities. The projected future assessed value of Hancock Gateway Park is $500 million, reflecting the significant investment and growth potential of this area. This developed land presents a unique opportunity for investors seeking a high-visibility location in one of Indiana's fastest-growing counties.