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Property profile & analytics
FOR SALE
Industrial land

795 Emerson Ave Greenwood, IN 46143

9,008 SF 7 ac lot Built 1935
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US31-0557951
795 Emerson Ave, Greenwood, IN 46143 For Sale
Contact for pricing 9,008 SF
795 Emerson Ave, Greenwood, IN 46143
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Property summary
AI-generated overview

This exceptional ±7-acre commercial land parcel, located at 795 N. Emerson Avenue in Greenwood, Indiana (zip code 46143), presents a unique redevelopment opportunity. Zoned I-1, this property boasts a premium location within a rapidly expanding area of Greenwood, experiencing significant commercial and retail growth. The site benefits from excellent visibility and accessibility, situated at a lighted intersection on Emerson Avenue, offering high traffic counts. Major retailers such as Costco, Kroger Marketplace, Walmart, and Sam's Club are in close proximity, underscoring the strong retail demand in the area. Easy access to I-65, County Line Road, and Emerson Avenue further enhances the property's strategic location. The area also offers a wealth of amenities, including numerous restaurants, banks, hospitals, and entertainment options. This is one of the few remaining large development sites available in Greenwood, making it an exceptional investment opportunity for those seeking to capitalize on the area's continued growth. The asking price for this prime commercial land is $3,200,000.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1935
Total area 9,008 SF
Lot 7 ac (304,920 SF)
APN 41-02-27-023-010.000-025
UPID US31-0557951
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pipe Inc Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Emerson Wilson Investors LLC · 1 yrs held
Emerson Wilson Investors LLC
since 2024
3 recorded transactions
2024
Price N/A
2017
Price N/A
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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