Technical
Financial
Distress signals
Property profile

120 Pennsylvania St Greenfield, IN 46140

OFF-MARKET
Auto shops
Property ID
US31-1133535
4,230 SF 0.26 ac lot Built 1971
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Greenfield, Indiana warehouse presents a compelling investment opportunity. Located at 120 S Pennsylvania St, this multi-tenant property boasts 4,230 square feet of space, ideal for retail or storage uses. Built in 1971, the building sits on a 0.26-acre lot and offers a strong net operating income (NOI) of $62,011, translating to an attractive 7.52% capitalization rate. The asking price is $825,000. Its prime location directly adjacent to The Depot Street Park provides excellent visibility and benefits from the park's numerous community events, including street festivals, concerts, and family movie nights. This high-traffic area ensures strong potential for tenant occupancy and future growth. The property's strategic position also presents exciting redevelopment possibilities for those seeking to capitalize on Greenfield's downtown revitalization. This is a rare chance to acquire a well-performing income-producing asset with significant upside potential in a thriving Indiana community. The property is zoned for industrial use.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1971
Construction TYPE NOT SPECIFIED
Total area 4,230 SF
Lot 0.26 ac (11,424 SF)
APN 30-11-05-103-006.002-009
UPID US31-1133535

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

120 Pennsylvania St Greenfield, IN 46140-2477
Greenfield metro Census 410500 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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