0 Meridian Oaks Dr Greenwood, IN 46142
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.
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
Similar Nearby for Sale
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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.