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Investment Highlights

  • Near I275 & US50 in Greendale
  • All city utilities, levy protected!
  • Next to McDonalds
  • Billboard is owned by Rising Star Casino, site is leased

Executive Summary

LOCATION, LOCATION!! Great opportunity for mixed use development with high visibility between the I275 interchange & Hollywood Casino in Greendale IN. Road frontage on US 50, Urban Way & Minger Drive. Lots of options & plenty of space! 9.255 acres ready for development. All city utilities, levy protected! Hurry! NOTE: CURRENT ZONING IS UNCLEAR. SEVERAL ZONING TYPES MAY BE APPLICABLE TO DIFFERENT PARTS OF THE SITE. ANY POTENTIAL BUYER SHOULD TAKE PROPOSED DEVELOPMENT PLANS TO THE CITY OF GREENDALE TO DETERMINE IF THEY WOULD BE APPROPRIATE OR CAN COMPLY WITH THE CITY'S CURRENT ZONING REQUIREMENTS. Current zoning types potentially applicable based upon City documents are General Commercial, Highway Mixed Use & Industrial Flex. More than one zoning type applies per the most recent county zoning map. Billboard is owned by Rising Star Casino, site is leased.

Property Facts

Price $3,150,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Hospitality
  • General Freestanding
  • Healthcare
  • Hospital
  • Hotel
  • Medical
  • Restaurant
Total Lot Size 9.25 AC
Zoning Commercial

1 Lot Available

Lot

Price $3,150,000
Price Per AC $340,540.54
Lot Size 9.25 AC

9.255 acre lot

Description

Available Undeveloped Land with a billboard leased on site.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
15-07-11-200-017.000-016
Land Assessment
$22,600
Improvements Assessment
$0
Total Assessment
$22,600
  • Listing ID: 40006784

  • Date on Market: 4/2/2026

  • Last Updated:

  • Address: 555 E Eads Pkwy, Greendale, IN 47025

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