1230 Hwy 31 Greenwood, IN 46142
This exceptional retail opportunity presents a substantial 31,346 square foot big box space located at 1230 U.S. Hwy 31 N in Greenwood, Indiana, zip code 46142. The property, known as Greenwood Pavilion, is classified as a multi-tenant retail building, offering significant potential for a variety of businesses. The expansive square footage provides ample room for large-scale retail operations, warehousing, or a combination thereof. Its prime location on U.S. Highway 31 North ensures high visibility and accessibility for customers, benefiting from significant daily traffic volume. The building's size and strategic placement make it an ideal location for businesses seeking a strong presence in the Greenwood market. Currently, one large space is available, presenting a unique chance to establish a flagship location or expand existing operations. Interested parties are encouraged to inquire about lease terms and availability. The property's latitude and longitude coordinates are 39.6314213 and -86.12572 respectively. This is a rare opportunity to secure a substantial retail space in a thriving Indiana community. Don't miss out on this chance to establish your business in a high-traffic area with excellent visibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.