Financial
Distress signals
Property profile

176 W Main St Greenwood, IN 46142

FOR LEASE
Retail space
Property ID
US31-0708579
2,368 SF 0.14 ac lot Built 1920
Last sale Jun 2010 · $70,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property located at 176 & 180 W Main St in Greenwood, Indiana, is situated along the Greenwood Main Street corridor and contains approximately 2,368 square feet of building area. It is sited on a lot of about 0.14 acres and is zoned C-1, which allows for a range of uses such as commercial, office, service, retail, and investment-related activities, subject to confirmation of permitted uses and local approvals. The property’s location provides access to downtown Greenwood amenities and nearby shopping and dining, with connectivity to routes leading toward I-65.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$196k
Assessed land$94k
Assessed improvement$101k
Effective rate1.84%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$3k
Operating expenses−$11k
NOI · 1,726.53% cap applied$26k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$140/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$65 – $198

Cap rate analysis

How does the asset earn?
1,726.53%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionJOHNSON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm12.0
Convenience Store10.6
Daycare Center10.6

Location

176 W Main St Greenwood, IN 46142
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
801 Smith Vly, Greenwood, IN 46142-2071 $40,800 Nov 2023 5,066 SF
181 Madison, Greenwood, IN 46142-3572 $930,000 Oct 2023 5,935 SF
230 Main, Greenwood, IN 46142-3128 $576,240 Jun 2023 6,080 SF
1277 State Rd 135, Greenwood, IN 46142-1020 $500,000 Jul 2022 2,925 SF
560 State Rd 135, Greenwood, IN 46142-1336 $1,900,000 Aug 2021 5,772 SF
620 Us Hwy 31st S, Greenwood, IN 46142-3053 $300,000 Jan 2020 1,296 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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