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1000 N State Road 135
Greenwood, IN 46142
Retail Property For Sale
Investment Highlights
- Fully Leased 5,000 SF Retail Building
- High Visibility on State Road 135
- Income Producing Investment
- Additional 1 Acre Development Opportunity
- Prime Center Grove Location
Executive Summary
Prime retail investment opportunity in the heart of Greenwood. This approximately 3-acre property features a fully leased 5,000 square foot retail building providing immediate income, plus an additional 1 acre of developable land offering exceptional future upside. Located on highly traveled State Road 135 with traffic counts exceeding 40,000 vehicles per day, the property benefits from outstanding visibility and is surrounded by major retailers including Kroger, Target, Walmart, Starbucks, and McAlister's. Situated in the thriving Center Grove market, this is an excellent opportunity for investors seeking stable cash flow or developers looking for long-term growth potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,000 SF
Building Class
C
Year Built
1986
Price
$1,675,000
Price Per SF
$335
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.00 AC
Zoning
Commercial (CM) - CM
Parking
20 Spaces (4 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 41-03-26-014-022.000-041 | Improvements Assessment | $222,200 |
| Land Assessment | $580,700 | Total Assessment | $802,900 |
Property Taxes
Parcel Number
41-03-26-014-022.000-041
Land Assessment
$580,700
Improvements Assessment
$222,200
Total Assessment
$802,900
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