Current Use by Public Records
- Land
Property Details for 0 Five Points Rd
- Lot size
- 51.00 lot acres
- Property type
- Land
Description
This exceptional 51-acre parcel presents a rare Greenwood development opportunity. Located in desirable Johnson County, Indiana, on N. Five Points Rd., this property boasts a prime location with excellent visibility and access. Currently zoned RM Residential, the land is approved for a mixed-use development, encompassing approximately 23 acres designated for apartments and 28 acres suitable for build-to-rent (BTR) projects. A recently completed survey and clean Phase 1 environmental assessment ensures a streamlined development process. The flat topography simplifies construction, and utilities are readily available at or near the site. The property offers significant frontage on a main thoroughfare, enhancing its appeal and accessibility. This substantial acreage presents a unique chance to capitalize on Greenwood's thriving real estate market and create a significant residential development. The 46143 zip code offers convenient access to amenities and major transportation routes. This is an exceptional opportunity for developers seeking a large, well-situated parcel with clear zoning approvals and a straightforward development path. Don't miss this chance to acquire this highly desirable piece of Greenwood real estate.
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
- -86.0446
- Latitude
- 39.6252
