774 S Morgantown Rd Greenwood, IN 46143
For Sale
1 / 17
This strategically located property presents a unique opportunity for commercial development amidst a rapidly growing area. Currently zoned R2, the site offers flexibility for various commercial uses. The existing two-story, 3,552-square-foot building, features multiple private rooms, spacious commu ... nity areas, a full kitchen, and four bathrooms. Additionally, the property includes a 400-square-foot pole barn, all on 2+ acres. Benefit from the proximity to other businesses and the highly anticipated Shops at Center Grove. This prime location offers excellent visibility and accessibility only minutes from the new I-69 interchange at Smith Valley Road. It is an ideal choice for businesses seeking to capitalize on the area's thriving commercial scene.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.