Current Use by Public Records
- Land
Property Details for 601 Emerson Ave
- Lot size
- 4.06 lot acres
- Property type
- Land
Description
This exceptional 4.055-acre commercial land parcel presents a unique investment opportunity in Greenwood, Indiana. Located at 601 N Emerson Ave, this fee-simple property boasts convenient access to Emerson Avenue, placing it just south of County Line Road and I-65, ensuring high visibility and accessibility. The property is zoned IL (Industrial Large), yet its strategic location is surrounded by IC (Interstate Commercial) zoning, offering flexibility for a variety of commercial developments. This thriving area is experiencing significant growth, evidenced by the presence of major retailers such as Costco, Kroger Marketplace, Sam's Club, and Walmart, along with numerous restaurants, banks, and hotels. Furthermore, over 400 new apartment units are situated in the immediate vicinity, creating a robust and expanding consumer base. The high traffic count on this commercial corridor makes it perfect for professional offices, medical or dental practices, and other businesses seeking high visibility. Its proximity to the Greenwood Springs Business Park further enhances its desirability. It's important to note that a portion of the property (approximately 1.455 acres) is encumbered by a legal drain easement
Value Estimations
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AI approach
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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
- -86.0824
- Latitude
- 39.6288
