1101 Windhorst Way Greenwood, IN 46143
For Sale
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This exceptional 1.4-acre commercial pad site presents a prime development opportunity in Greenwood, Indiana. Strategically located at the Emerson Avenue entrance to a high-volume Sam's Club, this property boasts unparalleled visibility and accessibility. The site sits at a well-traveled, signalized intersection, ensuring maximum exposure to traffic on both Emerson Avenue and Main Street. Its location offers significant advantages, situated near a substantial concentration of daytime employees, including the recently constructed ULTA distribution center employing approximately 550 workers. The surrounding area is also home to a variety of established restaurants and convenience stores, such as McDonald's, Starbucks, Taco Bell, Denny's, White Castle, and Subway, creating a robust and desirable commercial environment. The property's potential is further enhanced by the possibility of combining it with an adjacent outparcel, resulting in a nearly three-acre development site. This location in Johnson County, Indiana, with a 46143 zip code, offers a unique blend of high traffic, strong demographics, and established commercial activity, making it an ideal investment for a variety of commercial ventures. The property is precisely located at 1101 Windhorst Way (Pad 1), Greenwood, IN.
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Sam's Club Bakery Bakery Specialty Food Shop
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Sam's Club Hearing Aid Center Hearing Aid Store
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Sam's Club Cafe Cafe & Coffee Shop
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Sam's Club Big Box & Wholesale Store Grocery & Convenience Store
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Sam's Club Connection Center Mobile Phone Store Electronics & Wireless Store
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
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.