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Property profile & analytics
OFF-MARKET
Land

0 Meridian Oaks Dr Greenwood, IN 46142

1.97 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.97-acre commercial lot, located at 0 Meridian Oaks Drive in Greenwood, Indiana (46142), presents a unique investment opportunity. Zoned B-1, this property offers significant potential for a variety of commercial ventures. The lot boasts excellent visibility and accessibility, situated on Meridian Oaks Drive with exposure to State Road 135. Benefiting from its strategic location, the property is bordered by a bank and Caliber Car Repair, providing high traffic and brand synergy potential. The land gently slopes, creating a natural knoll perfect for a building pad, and features a retention pond in front of the proposed building site. A pre-existing driveway provides convenient access, and a drive to the rear of the property showcases potential building design options. The seller is open to a built-to-suit arrangement or a lease-back option, offering flexibility for potential buyers. Please note that a cell tower located at the rear of the parcel is not included in the sale. The APN is 410336023004002041. This property is ready for development and represents an excellent chance to establish a thriving business in a high-demand area. Serious inquiries only.

Property profile
Verified
Property type Land
Lot 1.97 ac (85,813 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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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