1050 State Road 135 Greenwood, IN 46143
This exceptional 2.51-acre commercial lot in Greenwood, Indiana, presents a remarkable investment opportunity. Located at 1050 S State Rd 135, this property boasts high visibility due to its prime location on State Road 135 and Olive Branch Road. The lot features a gentle knoll at the street, perfect for a building with a walkout basement, maximizing both functionality and aesthetics. The expansive acreage offers ample space for parking, accommodating a substantial number of vehicles. A significant portion of the land is also suitable for landscaping, creating a welcoming outdoor area with potential for picnic tables or benches amidst existing trees. All utilities are conveniently located on-site, simplifying development and reducing infrastructure costs. Adding to its appeal, the owner is open to a build-to-suit arrangement, offering a flexible solution for potential buyers interested in a custom-designed structure. This property is zoned C-2, providing a wide range of development possibilities. The asking price is $750,000. This is an exceptional opportunity to acquire a highly visible and versatile commercial lot in a thriving Indiana community. Olive Branch Partners, LLC is the current owner.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.