4619 State Road 135 Greenwood, IN 46106
This exceptional 9.38-acre development site presents a unique investment opportunity in Greenwood, Indiana. Located at 4619 N State Rd 135, Bargersville, in Johnson County (zip code 46106), this property boasts over 200 feet of frontage on State Road 135, just south of Whiteland Road. Currently zoned AG (Agricultural), the land offers excellent potential for mixed-use and multi-family development. The site is characterized by level terrain, making it ideal for construction. All utilities are conveniently located at or near the property, simplifying the development process. The asking price of $938,000 reflects a value of $100,000 per surveyed acre. This prime location, combined with its versatile zoning and readily available utilities, makes this a highly attractive proposition for developers seeking a strategic foothold in a rapidly growing area. The property's substantial size and high-visibility road frontage provide significant development flexibility and potential for substantial returns. This is a rare opportunity to acquire a large, well-situated parcel ready for immediate development.
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
Similar Nearby for Lease
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.