Property summary
This exceptional Greenwood, Indiana commercial property presents a compelling investment opportunity. Situated on a generous 2.01-acre lot at 774 S Morgantown Road, this property boasts a strategically advantageous location within a rapidly expanding commercial district. The existing structure, a two-story building encompassing 3,552 square feet, offers a versatile layout. Inside, you'll find multiple private rooms, expansive communal spaces, a fully equipped kitchen, and four bathrooms, providing ample functionality for a variety of commercial uses. Adding to the property's utility is a 400-square-foot pole barn, ideal for storage or additional workspace. Currently zoned R2, this property offers flexibility for diverse commercial ventures, capitalizing on the area's growth trajectory. The property benefits from excellent visibility and accessibility, enjoying close proximity to the highly anticipated Shops at Center Grove and only minutes away from the new I-69 interchange at Smith Valley Road. This prime location ensures high traffic volume and easy access for customers and employees alike. This is an exceptional opportunity for businesses seeking a prominent presence in a thriving commercial hub. The combination of size, location, and zoning makes this property a truly unique investment prospect.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Greenwood market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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