7183 Us Highway 40 Greenfield, IN 46140
- Retail properties
- 10,608 SF
- 11.06 lot acres
Current Use by Public Records
- Retail properties
Property Details for 7183 Us Highway 40
- Lot size
- 11.06 lot acres
- Property size
- 10,608 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greenfield
- County
- Hancock
- State
- Indiana
- Longitude
- -85.9375
- Latitude
- 39.7771
