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Property profile

5703 Smith Valley Rd Greenwood, IN 46142

OFF-MARKET
Mixed-use properties
Property ID
US31-0617391
2,400 SF 11.59 ac lot Built 1930
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Property summary

AI-generated overview

This exceptional 11.59-acre commercial property in Greenwood, Indiana, presents a remarkable investment or development opportunity. Strategically located off I-69 and the Smith Valley exit, this site boasts unparalleled accessibility and visibility, ensuring high traffic flow and customer convenience. The 2,400 square foot existing structure offers flexibility for immediate use or redevelopment. The expansive acreage and flexible zoning regulations allow for a wide array of development possibilities, including large-scale retail centers, office complexes, or mixed-use projects catering to the area's growing population and robust economy. Its prime location within a rapidly expanding region guarantees a strong market for any commercial venture. The property's proximity to major transportation routes ensures seamless connectivity for businesses and their clientele. This presents a significant investment opportunity with the potential for substantial returns, capitalizing on the area's high growth and increasing demand for commercial spaces. The property's strategic location and development potential make it an ideal choice for discerning investors and developers seeking a high-impact commercial investment in a thriving market. The existing structure and ample land provide a unique blend of immediate usability and long-term development potential.

Property profile

Verified
Property type Mixed-use properties
Year built 1930
Total area 2,400 SF
Lot 11.59 ac (504,860 SF)
UPID US31-0617391

Cap rate & NOI

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

Location

5703 Smith Valley Rd Greenwood, IN 46142
Greenwood metro
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Value estimations

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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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