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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1000 Us 31 Greenwood, IN 46143

12,293 SF 1.53 ac lot Built 2016
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 1000 US 31 S in Greenwood, Indiana (46143), presents a compelling owner/user investment opportunity. The 12,293 square foot building, constructed in 2016, boasts a blend of medical office and retail space, perfectly suited for a variety of uses. Situated on a 1.53-acre lot (APN: 41-05-05-013-007.000-026), the property benefits from ample parking and excellent signage opportunities. Its C-1 zoning ensures flexibility for future development. The asking price is $2,500,000, translating to $203.37 per square foot. This prime location is just one block south of Smith Valley Rd, in one of the fastest-growing areas of the Indy-Metro region, and is blocks from the new $83 million "The Madison" development, featuring over 400 residences, shopping, and restaurants. This investment is ideally positioned within Greenwood's revitalized downtown area, offering significant long-term potential. The property's high visibility and proximity to this major development project make it an attractive investment for both owner-occupiers and investors seeking strong returns.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2016
Total area 12,293 SF
Lot 1.53 ac (66,647 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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