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Property profile & analytics
OFF-MARKET
Land

0 Worthsville Rd. & Sheek Rd Greenwood, IN 46143

1.49 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.49-acre commercial land parcel presents a unique investment opportunity in Greenwood, Indiana. Located at the intersection of Worthsville Road and Sheek Road, this property boasts unparalleled visibility and accessibility. Its I-2 zoning allows for a variety of commercial uses, making it ideal for businesses seeking high traffic exposure. The site is strategically positioned at a gateway roundabout, providing excellent access to Interstate 465, a major thoroughfare. The property benefits from its location directly across the street from an elementary and middle school, offering potential for businesses catering to families and the surrounding community. The lot is divisible to suit, subject to approval and line adjustments, offering flexibility for potential buyers. This is the only true four-lane corridor road west, extending from the I-65 interchange to US 31, ensuring consistent high traffic volume. With its prime location, excellent visibility on Worthsville Road, and convenient access to major roadways, this property is poised for significant growth and return on investment. Note that gas restrictions are in place.

Property profile
Verified
Property type Land
Lot 1.49 ac (64,904 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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