Greenwood, IN
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    Greenwood, IN Shopping Centers for Sale

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    Bargersville, IN Indianapolis, IN Whiteland, IN
    Stabilized Retail Strip Center
    $8,795,000
    51,580 SF
    Stabilized Retail Strip Center

    707 S Madison Ave, Greenwood, IN 46143

    Neighborhood strip center in Greenwood, Indiana, with diversified retail.
    • Stabilized neighborhood strip center
    • Durable, diversified retail income
    • Triple‑net (NNN) expense recoveries
    • Professional third‑party management
    • Predictable income with limited expense volatility
    Updated: Jan 28
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Greenwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Tenant Retail Building For Sale
    $1,500,000
    7,800 SF
    Multi-Tenant Retail Building For Sale

    7,800 SF retail building with existing tenants in Greenfield, IN.

    1789-1798 Melody Lane, Greenfield, IN

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    Fully Leased Retail Center
    $6,377,592
    33,090 SF
    Fully Leased Retail Center

    Fully leased retail center near Hancock Health Hospital.

    1029-1051 N State St, Greenfield, IN

    View details
    Retail Strip Center For Sale
    $1,750,000
    21,646 SF
    Retail Strip Center For Sale

    Neighborhood strip center with high traffic and visibility.

    3805 S East St, Indianapolis, IN

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    Kroger-Anchored Shopping Center For Sale
    Contact for pricing
    61,469 SF
    Kroger-Anchored Shopping Center For Sale

    97% occupied shopping center anchored by Kroger.

    5173 West Washington Street, Indianapolis, IN 46241

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Zoned Commercial Development Land
    $5,800,000
    10.00 Acres
    Zoned Commercial Development Land

    Multi-zoned 10-acre commercial parcel with electrical service on site and county TIF incentives available for development.

    Wysscraft Lane, Martinsville, IN 46151

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    Mixed-Zoned Land for Development
    $6,800,000
    29.87 Acres
    Mixed-Zoned Land for Development

    Near the White River with B2 and B3 zoning, plus agricultural zoning on part of the site.

    4440 State Road 37 N, Martinsville, IN 46151

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    9.5-Acre Development Opportunity in Avon
    $3,600,000
    9.50 Acres
    9.5-Acre Development Opportunity in Avon

    Premier land parcel for mixed-use, retail, or multifamily development.

    5283 East Main Street, Avon, IN 46123

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    Carmel Retail Outlots on 146th
    Contact for pricing
    2.70 Acres
    Carmel Retail Outlots on 146th

    2.7± acres available in a walkable, connected community.

    7249 E 146th St, Carmel, IN 46033

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    Off-Market Properties in Greenwood, IN

    Consider similar Off-Market properties in Greenwood, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3115 Meridian Parke Dr
    SHOPPING CENTER, STRIP CENTER
    31,496 SF Lot: 4.57 Acres

    3115 Meridian Parke Dr, Greenwood, IN 46142-9498

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    172 Melody Ave
    SHOPPING CENTER, STRIP CENTER
    14,240 SF Lot: 2.62 Acres
    Estimated value
    $3,005,000

    172 Melody Ave, Greenwood, IN 46142-2138

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    791 State Rd 135
    SHOPPING CENTER, STRIP CENTER
    6,800 SF Lot: 0.92 Acres

    791 State Rd 135, Greenwood, IN 46143-9522

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    1133 Emerson Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    218,614 SF Lot: 20.11 Acres
    Estimated value
    $14,350,000

    1133 Emerson Ave, Greenwood, IN 46143-6275

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    1263 State Rd 135
    SHOPPING CENTER, STRIP CENTER
    7,168 SF Lot: 1.24 Acres
    Value Estimation by Request

    1263 State Rd 135, Greenwood, IN 46142-1031

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    518 Meridian St
    SHOPPING CENTER, STRIP CENTER
    3,456 SF Lot: 0.38 Acres
    Estimated value
    $595,000

    518 Meridian St, Greenwood, IN 46143-1255

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    502 Meridian St
    SHOPPING CENTER, STRIP CENTER
    3,936 SF Lot: 0.70 Acres
    Estimated value
    $590,000

    502 Meridian St, Greenwood, IN 46143-1255

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    989 Emerson Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    14,600 SF Lot: 1.79 Acres
    Estimated value
    $2,425,000

    989 Emerson Ave, Greenwood, IN 46143-5517

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    1259 State Rd 135
    SHOPPING CENTER, STRIP CENTER
    42,057 SF Lot: 3.69 Acres
    Estimated value
    $940,000

    1259 State Rd 135, Greenwood, IN 46142-1033

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    11 Declaration Dr
    SHOPPING CENTER, STRIP CENTER
    48,638 SF Lot: 5.79 Acres
    Estimated value
    $1,670,000

    11 Declaration Dr, Greenwood, IN 46143-7283

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    150 Marlin Dr
    WHOLESALE OUTLET, DISCOUNT STORE
    217,468 SF Lot: 28.06 Acres
    Estimated value
    $14,405,000

    150 Marlin Dr, Greenwood, IN 46142-1451

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    1273 Blf Rd
    SHOPPING CENTER, STRIP CENTER
    7,680 SF Lot: 0.23 Acres
    Value Estimation by Request

    1273 Blf Rd, Greenwood, IN 46142-7748

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    5329 Mt Pleasant N St
    SHOPPING CENTER, STRIP CENTER
    4,440 SF Lot: 0.50 Acres
    Value Estimation by Request

    5329 Mt Pleasant N St, Greenwood, IN 46142-8935

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    1211 Madison Ave
    SHOPPING CENTER, STRIP CENTER
    29,858 SF Lot: 3.85 Acres
    Estimated value
    $2,660,000

    1211 Madison Ave, Greenwood, IN 46142-4300

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    2550 State Rd 135
    SHOPPING CENTER, STRIP CENTER
    7,350 SF Lot: 1.09 Acres
    Estimated value
    $1,820,000

    2550 State Rd 135, Greenwood, IN 46143-6386

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    3133 Stones Xing Rd
    WHOLESALE OUTLET, DISCOUNT STORE
    15,600 SF Lot: 1.56 Acres
    Estimated value
    $3,055,000

    3133 Stones Xing Rd, Greenwood, IN 46143-8890

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    337 Western Blvd
    SHOPPING CENTER, STRIP CENTER
    8,364 SF Lot: 1.50 Acres
    Estimated value
    $925,000

    337 Western Blvd, Greenwood, IN 46142-8700

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    2023 Meridian Mdws Rd
    SHOPPING CENTER, STRIP CENTER
    15,560 SF Lot: 1.60 Acres
    Value Estimation by Request

    2023 Meridian Mdws Rd, Greenwood, IN 46142-2988

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    1682 Stonegate Dr
    SHOPPING CENTER, STRIP CENTER
    10,348 SF Lot: 0.86 Acres
    Value Estimation by Request

    1682 Stonegate Dr, Greenwood, IN 46142

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    996 State Rd 135
    SHOPPING CENTER, STRIP CENTER
    22,590 SF Lot: 3.08 Acres
    Estimated value
    $2,360,000

    996 State Rd 135, Greenwood, IN 46143-7365

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    860 State Rd 135
    WHOLESALE OUTLET, DISCOUNT STORE
    7,242 SF Lot: 1.12 Acres
    Estimated value
    $965,000

    860 State Rd 135, Greenwood, IN 46142-1313

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    120 Smith Vly Rd
    SHOPPING CENTER, STRIP CENTER
    10,093 SF Lot: 1.15 Acres
    Value Estimation by Request

    120 Smith Vly Rd, Greenwood, IN 46142-3075

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    3113 Smith Vly Rd
    SHOPPING CENTER, STRIP CENTER
    9,420 SF Lot: 1.07 Acres
    Value Estimation by Request

    3113 Smith Vly Rd, Greenwood, IN 46142-8491

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    Greenwood, IN Shopping Centers Investment Opportunities Market Analysis

    Explore 72 shopping centers for sale in Greenwood, IN on our real estate platform. These investment opportunities span a total of 51,580 square feet of properties for sale, with an estimated market value of $8,795,000.

    Sale prices for plazas in Greenwood, IN start at $8,795,000, averaging $8,795,000, and reaching up to $8,795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 11
    Storefront properties 6
    Automotive properties 4
    Auto shops 3
    Showrooms 3

    Demographics Overview

    Population 94K
    Population Growth (5Y) +11.0%
    Median Household Income $87,969
    College Educated 52.3%

    High-Yield Neighborhoods for Investment

    Identify Greenwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46143 $8.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.90%
    Property Tax per SF $33.72 per SF
    Tax Rate vs County Average 0.13 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Johnson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Greenwood fall within the 100,000+ square foot range.

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