Property profile

1993 State St Greenfield, IN 46140

OFF-MARKET
Turn key restaurants
Property ID
US31-1125414
5,080 SF 2.15 ac lot Built 2005
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,420 square foot retail space is available for lease in Greenfield, Indiana. Located at 1993 N State St, this single-tenant property presents a fantastic opportunity for businesses seeking a high-visibility location within a thriving commercial area in Hancock County. The entire building, totaling 2,420 square feet, is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. The property's classification as a retail space suggests its suitability for a wide range of businesses, from boutiques and restaurants to service providers. Its endcap location offers excellent street visibility and accessibility, ensuring high foot traffic and potential for increased customer engagement. The property is situated in Greenfield, Indiana, zip code 46140, providing convenient access to local amenities and a strong customer base. This is an ideal opportunity for a business looking to establish a strong presence in a growing community. The property's size and location make it an attractive option for a variety of retail ventures. Interested parties are encouraged to inquire further to explore the possibilities this space offers. The property is ready for immediate occupancy.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2005
Construction WOOD
Total area 5,080 SF
Lot 2.15 ac (93,828 SF)
APN 30-07-29-103-002.000-009
UPID US31-1125414

Cap rate & NOI

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

Location

1993 State St Greenfield, IN 46140-1089
Greenfield metro Census 410600 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2020
Price N/A
2012
$1.9M
2011
Price N/A

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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