Property profile

849 Main St Greenfield, IN 46140

OFF-MARKET
Retail space
Property ID
US31-1008229
812 SF 0.18 ac lot Built 1949
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 812-square-foot retail property, situated on a 0.18-acre corner lot at 849 W Main Street in Greenfield, Indiana, presents a remarkable opportunity for automotive entrepreneurs. Its high-traffic location ensures maximum visibility, attracting significant customer attention. Currently configured and operating as a car lot, this property offers immediate operational capabilities, eliminating the need for extensive renovations or setup. The efficient layout maximizes space for inventory display, maintaining a professional and organized environment. This turnkey solution allows for immediate focus on sales and business growth, rather than pre-operational tasks. A key advantage is the availability of an adjoining lot for purchase, providing the potential to double the existing space and significantly expand business operations. Both lots are currently set up as operational car lots, offering a seamless transition for new ownership. This property is priced at $295,000 and represents an ideal investment for both established dealerships seeking expansion and new ventures entering the automotive market. The combination of prime location, operational readiness, and expansion potential makes this a truly unique opportunity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1949
Construction WOOD
Total area 812 SF
Lot 0.18 ac (7,841 SF)
APN 30-11-05-202-001.002-009
UPID US31-1008229

Cap rate & NOI

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

Location

849 Main St Greenfield, IN 46140-2064
Greenfield metro Census 410500 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

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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