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Greenwood, IN

Strip Mall

Greenwood, IN Strip Malls for Sale

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Bargersville, IN Indianapolis, IN Whiteland, IN Martinsville, IN Beech Grove, IN Franklin, IN Mooresville, IN Plainfield, IN

Shops on Meridian Retail Property

Updated: May 22

Shops on Meridian Retail Property

201 S State Rd 135, Greenwood, IN 46142

$2,210,000

4,051 sqft

100% leased to national tenants (Mathnasium and Jamba/Auntie Anne’s) with a ~10 year weighted average lease term remaining, providing stable, long‑term income.
Rare 3.5% annual rental increases in both leases, delivering compounding, inflation‑resistant cash flow and an impressive 8.46% cap rate by Year 10.
Located at a signalized hard‑corner position on State Road 135 and West Main Street, with high traffic counts exceeding 55,000 vehicles per day.
Directly across from a Meijer grocery store, generating approximately 1.8 million annual visitors and consistent traffic.
Strong demographics with average household incomes near $104,000 within a one‑mile radius and significant population growth in Greenwood.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 1 Active listings in Greenwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Indianapolis Retail Space For Lease

Indianapolis Retail Space For Lease

4401 Linwood Ct, Indianapolis, IN

$800,000

2.08 AC lot

Retail spaces available in Kroger-anchored Indianapolis shopping center.

Leased Retail Center Near Meridian-Kessler

Leased Retail Center Near Meridian-Kessler

4901 N Pennsylvania St, Indianapolis, IN

Contact for pricing

12,352 sqft 0.81 AC lot

Fully leased retail center in desirable Indianapolis location.

Strip Center with Six Leased Units

Strip Center with Six Leased Units

2028 Stafford Road, Plainfield, IN 46168

$1,690,000

0.40 AC lot

Six-unit retail strip center with exterior refresh and wheelchair-access curb cut, positioned for prominent State Road exposure.

Plainfield Strip Center For Sale

Plainfield Strip Center For Sale

2028 Stafford Road, Plainfield, IN 46168

$1,690,000

7,564 sqft

Prime strip center in Plainfield, fully leased with upside.

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.

C3-Zoned Commercial Land

C3-Zoned Commercial Land

3916 Goshen Road, Fort Wayne, IN 46818

$1,499,000

3.00 AC lot

Level, cleared C3 commercial land on a major road, comprised of two contiguous parcels, ready for development.

C3-Zoned Commercial Land

C3-Zoned Commercial Land

3916 Goshen Road, Fort Wayne, IN 46818

$1,499,000

3.00 AC lot

Level, cleared 3+ acre site with Goshen Road frontage and utilities available nearby for build-to-suit commercial development.

Georgetown Commercial Lot For Sale

Georgetown Commercial Lot For Sale

666 E State Street, Georgetown, OH 45121

$599,900

1.38 AC lot

Prime 1.38-acre commercial lot in Georgetown, Ohio.

Commercial Land For Sale

Commercial Land For Sale

70163 M 62, Edwardsburg, MI 49112

$1,878,000

18.70 AC lot

Commercial land with frontage on M 62, Edwardsburg, MI.

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

3115 Meridian Parke Dr, Greenwood, IN 46142-9498

$810,000

Estimated value

31,496 sqft 4.57 AC lot

SHOPPING CENTER, STRIP CENTER

172 Melody Ave, Greenwood, IN 46142-2138

$3,005,000

Estimated value

14,240 sqft 2.62 AC lot

791 State Rd 135

SHOPPING CENTER, STRIP CENTER

791 State Rd 135, Greenwood, IN 46143-9522

$850,000

Estimated value

6,800 sqft 0.92 AC lot

1263 State Rd 135

SHOPPING CENTER, STRIP CENTER

1263 State Rd 135, Greenwood, IN 46142-1031

Value Estimation by Request

7,168 sqft 1.24 AC lot

518 Meridian St

SHOPPING CENTER, STRIP CENTER

518 Meridian St, Greenwood, IN 46143-1255

$595,000

Estimated value

3,456 sqft 0.38 AC lot

502 Meridian St

SHOPPING CENTER, STRIP CENTER

502 Meridian St, Greenwood, IN 46143-1255

$590,000

Estimated value

3,936 sqft 0.70 AC lot

1259 State Rd 135

SHOPPING CENTER, STRIP CENTER

1259 State Rd 135, Greenwood, IN 46142-1033

$940,000

Estimated value

42,057 sqft 3.69 AC lot

11 Declaration Dr

SHOPPING CENTER, STRIP CENTER

11 Declaration Dr, Greenwood, IN 46143-7283

$1,670,000

Estimated value

48,638 sqft 5.79 AC lot

SHOPPING CENTER, STRIP CENTER

1273 Blf Rd, Greenwood, IN 46142-7748

Value Estimation by Request

7,680 sqft 0.23 AC lot

5329 Mt Pleasant N St

SHOPPING CENTER, STRIP CENTER

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

Value Estimation by Request

4,440 sqft 0.50 AC lot

1211 Madison Ave

SHOPPING CENTER, STRIP CENTER

1211 Madison Ave, Greenwood, IN 46142-4300

$2,660,000

Estimated value

29,858 sqft 3.85 AC lot

2550 State Rd 135

SHOPPING CENTER, STRIP CENTER

2550 State Rd 135, Greenwood, IN 46143-6386

$1,820,000

Estimated value

7,350 sqft 1.09 AC lot

337 Western Blvd

SHOPPING CENTER, STRIP CENTER

337 Western Blvd, Greenwood, IN 46142-8700

$925,000

Estimated value

8,364 sqft 1.50 AC lot

2023 Meridian Mdws Rd

SHOPPING CENTER, STRIP CENTER

2023 Meridian Mdws Rd, Greenwood, IN 46142-2988

Value Estimation by Request

15,560 sqft 1.60 AC lot

1682 Stonegate Dr

SHOPPING CENTER, STRIP CENTER

1682 Stonegate Dr, Greenwood, IN 46142

Value Estimation by Request

10,348 sqft 0.86 AC lot

996 State Rd 135

SHOPPING CENTER, STRIP CENTER

996 State Rd 135, Greenwood, IN 46143-7365

$2,360,000

Estimated value

22,590 sqft 3.08 AC lot

120 Smith Vly Rd

SHOPPING CENTER, STRIP CENTER

120 Smith Vly Rd, Greenwood, IN 46142-3075

Value Estimation by Request

10,093 sqft 1.15 AC lot

3113 Smith Vly Rd

SHOPPING CENTER, STRIP CENTER

3113 Smith Vly Rd, Greenwood, IN 46142-8491

Value Estimation by Request

9,420 sqft 1.07 AC lot

50 Airport Pkwy

SHOPPING CENTER, STRIP CENTER

50 Airport Pkwy, Greenwood, IN 46143-1438

$1,140,000

Estimated value

30,656 sqft 2.90 AC lot

1642 Olive Br Parke Ln

SHOPPING CENTER, STRIP CENTER

1642 Olive Br Parke Ln, Greenwood, IN 46143-9821

$1,975,000

Estimated value

19,200 sqft 2.23 AC lot

1022 Us Hwy 31st S

SHOPPING CENTER, STRIP CENTER

1022 Us Hwy 31st S, Greenwood, IN 46143-2407

Value Estimation by Request

6,490 sqft 0.76 AC lot

997 County Line Rd

SHOPPING CENTER, STRIP CENTER

997 County Line Rd, Greenwood, IN 46143-1075

$6,230,000

Estimated value

67,936 sqft 8.26 AC lot

3130 Meridian Parke Dr

SHOPPING CENTER, STRIP CENTER

3130 Meridian Parke Dr, Greenwood, IN 46142-9651

Value Estimation by Request

14,626 sqft 1.09 AC lot

Greenwood, IN Strip Malls Market Trends and Statistics

Explore 69 strip malls for sale in Greenwood, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for retail strips in Greenwood, IN start at $0.00, averaging $0.00, and reaching up to $0.00 — 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

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
46142	$2.2M

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

Property Size Breakdown

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

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