1021 Indianapolis Rd Greencastle, IN 46135
This exceptional commercial property presents a rare investment opportunity in Greencastle, Indiana's thriving business district. Situated on a highly visible section of Indianapolis Road, this 20,250 square foot building sits on a substantial 2.15-acre lot, providing ample space for a variety of commercial uses. The property boasts a well-maintained asphalt parking lot with ample parking spaces and nighttime lighting, ensuring convenient access and visibility for customers and employees. Its strategic location on a major thoroughfare guarantees high traffic volume and excellent exposure for any business. The expansive lot size offers significant potential for future expansion or development, making this property an ideal choice for businesses seeking growth and visibility. The property's size and location make it suitable for a wide range of commercial ventures, from retail and office spaces to light industrial uses. This is a turnkey opportunity to acquire a significant commercial asset in a desirable location with excellent potential for return on investment. The property is ready for immediate occupancy, offering a seamless transition for any new business. Don't miss this chance to secure a prime commercial property in a growing market. Serious inquiries only.
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Rescued Treasures Thrift Store Discount Store
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Wabash Valley Goodwill Discount Store
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Greencastle Plaza Shopping Center & Mall
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Greencastle, INGreencastle. Always verify with local authorities before improvements.
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.