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Property profile & analytics
FOR SALE
Retail space

1000 North State Road 135 Greenwood, IN 46142

4,704 SF 2 ac lot Built 1986
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-0810273
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Construction WOOD
Total area 4,704 SF
Lot 2 ac (87,033 SF)
APN 41-03-26-014-022.000-041
UPID US31-0810273
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
Current use
Occupant on record · Public records
  • Selective Seconds Consignment Discount Store (Bike/Boat/Book/etc) Store
  • Rejuvenation Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$790k
Comparable Approach Comparable
$536k
Blend (final) Blend
$655k
Owner & transaction history
Blue Sueda Properties LLC · 6 yrs held
Blue Sueda Properties LLC
since 2019
2 recorded transactions
2019
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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