Current Use by Public Records
- Retail properties & Spaces
Property Details for 151 Byrd Way
- Lot size
- 0.95 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Mixed-use properties
Description
This exceptional 0.95-acre commercial property in Greenwood, Indiana, presents a unique redevelopment opportunity. Located at 151 Byrd Way, and zoned for commercial use, this prime site offers significant potential for a variety of uses. Its strategic location connects an existing 95% occupied 5.2-acre development at 100-400 Byrd Way with a former hotel site at 1117 E Main Street, creating a compelling opportunity to bridge these properties. The land is priced at $12.08 per square foot, and the asking price for the entire 0.95-acre parcel is $500,000. The property is classified as Class A and is suitable for a range of commercial ventures, including but not limited to, a daycare center or other tertiary uses. The property's APN is 41-02-34-032-015.003-025, and it is available for a 1031 exchange. This is a stabilized investment opportunity with redevelopment potential, making it an attractive addition to any portfolio. The property's proximity to I-65 and Main Street ensures high visibility and accessibility. This is a rare chance to acquire a significant piece of land in a thriving Greenwood location. The property is categorized as Hospitality, Land, Mixed Use, Multifamily, and Retail.
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
- -86.079
- Latitude
- 39.6125
