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    OFF-MARKET
    Land

    6171 300, Greenfield, IN 46140

    3.88 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.88-acre parcel of land presents a remarkable investment opportunity in Greenfield, Indiana. Located at 6171 W 300 N, Hancock County, zip code 46140, this fee-simple property is zoned "IBP" (INDUSTRIAL BUSINESS PARK) per Section 156.035 of the Hancock County Zoning Ordinance, offering considerable flexibility for development. The asking price is $2,037,000, translating to $525,000 per acre. This prime location boasts excellent access to I-70, fueling tremendous new growth in the area. The property's versatility allows for the construction of one, two, or even three separate buildings, catering to a variety of uses. Potential development options include hotels, motels, medical offices, or business support offices. Conveniently situated, sewer and water mains run parallel to 300 North at the property's north end. This is a land-only sale, representing a unique chance to capitalize on the burgeoning commercial and industrial landscape of Greenfield. Don't miss this chance to acquire a strategically located parcel with significant development potential.

    Property profile
    Verified
    Property type Land
    Lot 3.88 ac (169,013 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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