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    1000 N State Road 135 Greenwood, IN 46142
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    Property profile & analytics

    1000 N State Road 135, Greenwood, IN 46142

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    • Retail space
    • 4,704 SF
    • 2.00 lot acres
    Greenwood Commercial Opportunity For Sale
    $1,575,000
    5,000 SF

    Greenwood Commercial Opportunity

    2 acres with retail building and development potential.

    1000 North State Road 135, Greenwood, IN 46142
    View Listing
    Property ID
    US31-0810273
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Selective Seconds Consignment / Discount Store / (Bike/Boat/Book/etc) Store
    • Rejuvenation / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 1000 N State Road 135

    Year built
    1986
    Construction
    WOOD
    Lot size
    2.00 lot acres
    Property type
    Retail space
    APN
    41-03-26-014-022.000-041
    APU
    410326014022000041

    Description

    This exceptional retail property, located at 1000 N State Road 135 in Greenwood, Indiana, presents a significant investment opportunity. Boasting a generous 5,000 square feet of space, this property sits on a sizable 2-acre lot, offering ample room for expansion, outdoor displays, or additional parking. The strategic location on State Road 135 ensures high visibility and accessibility, placing the business within easy reach of a substantial customer base. The asking price is $1,800,000. This property is ideal for a variety of retail uses, providing a strong foundation for a thriving business. The substantial lot size offers significant potential for future development or expansion, catering to the needs of a growing enterprise. The property's prime location and generous square footage make it an attractive proposition for businesses seeking a prominent presence in a bustling area. Its excellent visibility and accessibility are key advantages for attracting customers and maximizing business potential. Serious inquiries are encouraged to explore this exceptional retail opportunity further. The property is ready for immediate occupancy, allowing for a swift and seamless transition for new businesses. This is a rare chance to acquire a well-situated retail space with significant growth potential in a thriving Indiana community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $855,000
      6.5%
      $790,000
      7%
      $735,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $536,000
      Market price range: $133k - $578k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $660,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.1594
    Latitude
    39.6305
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,864
    $580,700
    $169,300
    $750,000
    -
    $580,700
    $169,300
    $750,000
    View Listing
    More about this property
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