7183 Us Highway 40 Greenfield, IN 46140
This exceptional mixed-use investment opportunity encompasses a substantial 11.06-acre portfolio situated along the bustling US Highway 40 in Greenfield, Indiana. The property comprises five buildings totaling 10,608 square feet, strategically divided across four parcels (APN: 30-09-02-400-010.000-015). The portfolio includes a diverse range of uses, catering to both residential and commercial tenants. Currently, three tenants generate a combined monthly income of approximately $6,800, excluding potential agricultural land rental income. The property's zoning permits mixed uses, offering flexibility for future development or expansion. One parcel includes a currently leased residential building (7183 W US Hwy 40), while another houses a retail storefront (7183 W US Hwy 40), currently operating as a hair salon. Two additional parcels, totaling 9.06 acres, are designated as agricultural land (7181 W US Hwy 40), presenting further income potential. This prime location on US Highway 40 ensures high visibility and accessibility, making it an attractive investment for both seasoned and emerging investors seeking a diversified income stream and significant growth potential. The asking price is $3,990,000, translating to a price per square foot of $376.13. This is a rare opportunity to acquire a well-established, multi-tenant property with significant upside potential in a thriving Indiana market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.