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Property profile & analytics
OFF-MARKET
Land

1050 State Road 135 Greenwood, IN 46143

2.51 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.51 ac (109,336 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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