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Financial
Distress signals
Property profile

201 S State Road 135 Greenwood, IN 46142

FOR SALE
Retail space
Property ID
US31-1256808
4,000 SF 0.34 ac lot Built 2016
Last sale Jun 2011
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a freestanding retail building containing 4,051 square feet of retail space situated on a 2,155 square foot lot. It is positioned along the State Road 135 corridor at a signalized intersection, and it is located across from a Meijer store. The site has frontage on State Road 135 and is within a retail-oriented submarket characterized by surrounding national and regional retailers.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$559k
Assessed land$222k
Assessed improvement$337k
Effective rate2.38%

Value estimate

· Oct 2026
$530k
$477k – $583k
CAP approach$675k
Submarket $/SF estimate$399k
NOI build-up
Gross scheduled income$68k
Vacancy & credit loss−$5k
Operating expenses−$19k
NOI · 2.00% cap applied$44k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$140/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$65 – $198
Qualifying comparables3

Cap rate analysis

How does the asset earn?
2.00%
$44k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionJOHNSON

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand index
Wholesale Shop21.2
Building Supply19.6
Auto Parts Store16.3

Location

201 S State Road 135 Greenwood, IN 46142
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
801 Smith Vly, Greenwood, IN 46142-2071 $40,800 Nov 2023 5,066 SF
181 Madison, Greenwood, IN 46142-3572 $930,000 Oct 2023 5,935 SF
230 Main, Greenwood, IN 46142-3128 $576,240 Jun 2023 6,080 SF
1277 State Rd 135, Greenwood, IN 46142-1020 $500,000 Jul 2022 2,925 SF
560 State Rd 135, Greenwood, IN 46142-1336 $1,900,000 Aug 2021 5,772 SF
176 180th W Main, Greenwood, IN 46142 $70,000 Aug 2019 2,368 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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