0 Worthsville Rd & Sheek Rd Greenwood, IN 46143
This exceptional 1.49-acre commercial land parcel presents a prime retail investment opportunity in Greenwood, Indiana. Situated at the highly visible intersection of Worthsville Road and Sheek Road, this property benefits from its strategic location at a gateway roundabout, ensuring maximum exposure to a substantial daily traffic volume. The property is zoned I-2, allowing for a diverse range of commercial uses. The expansive lot size offers significant development potential for a variety of retail concepts, from standalone buildings to multi-tenant complexes. This is an unparalleled chance to establish a strong presence in a thriving Greenwood submarket within Johnson County. The address is conveniently located at Worthsville Rd & Sheek Rd, Greenwood, IN 46143. The property consists of a single suite within a single building, totaling 1 square foot of building space. This is primarily a land opportunity, with the existing building space minimal. The property's location at a prominent roundabout ensures high visibility and accessibility for potential customers. This makes it an ideal location for businesses seeking to capitalize on high traffic counts and strong brand recognition. Serious inquiries are encouraged to explore the possibilities of this exceptional retail land offering.
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
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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.