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Property profile & analytics

5706 Greenland Unit Memphis, IN 47143

  • Commercial real estate
  • 4.50 lot acres
Value Estimation
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 5706 Greenland Unit

Lot size
4.50 lot acres
Property type
Commercial real estate

Description

This exceptional 4.5-acre commercial lot, situated at 5706 Greenland Unit Lot A in Memphis, Indiana, presents a remarkable investment opportunity. Its strategic location directly off Interstate 65 ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The property's zoning allows for diverse development options, including multifamily housing, a shopping strip center, or a fast-food restaurant. The proximity to downtown Louisville further enhances its appeal, offering easy access to a large consumer base and a thriving regional economy. This prime location promises significant return on investment due to its high traffic count and convenient access to major transportation routes. The expansive acreage provides ample space for substantial development, accommodating large-scale projects. This offering represents a rare chance to acquire a highly desirable commercial property in a rapidly growing area. For those seeking even greater development potential, additional parcels are available under separate listings (numbers 2019011301 and 2019011327). The asking price for this exceptional property is $673,000. Don't miss this opportunity to secure a piece of prime commercial real estate in a thriving location. Contact us today to learn more and schedule a viewing.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Memphis
County
Clark
State
Indiana
Longitude
-85.7779
Latitude
38.4943
More about this property
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