2201 Main St Greenfield, IN 46140-2718
This exceptional 5.18-acre parcel is ideally situated at 2201 W Main Street in Greenfield, Indiana, presenting a prime opportunity for retail development. The property boasts a highly desirable commercial zoning designation, ensuring flexibility for a wide range of retail ventures. A key advantage is the presence of a traffic signal directly at the corner, guaranteeing excellent visibility and accessibility for potential customers. Furthermore, the popular Pensey Bike Trail conveniently traverses the property's northern and western boundaries, offering significant foot traffic and recreational exposure. The vacant land provides a blank canvas for a new construction project, allowing for complete customization to meet specific business needs. This strategic location, combined with the high traffic count and unique trail access, makes this property an exceptional investment for discerning entrepreneurs seeking a prominent Greenfield presence. The expansive acreage offers ample space for substantial development, accommodating large-scale retail projects or the creation of a multi-tenant retail center. Serious inquiries are encouraged to explore the possibilities of this remarkable Greenfield commercial land opportunity. The property is offered at $490,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.