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5703 W SMITH VALLEY Rd 5 - 6.59 Acre Commercial Land Lots Offered at $2,500,000 - $3,295,000 Per Lot in Greenwood, IN 46142

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Executive Summary

Key Features:
Location: Prime frontage on W Smith Valley Rd with direct access to I-69, ensuring high visibility and ease of transportation.
Zoning: Currently zoned residential but can be zoned for commercial and multi-use, providing flexibility to accommodate diverse development plans. Detailed zoning regulations available upon request.
Visibility: Prominent location with high traffic counts and excellent exposure to both local and highway traffic.
Highlights:
Accessibility: Direct access to I-69 and proximity to major transportation routes ensure excellent connectivity and convenience for businesses and customers alike.
Development Potential: The expansive size and flexible zoning allow for various development possibilities, from retail centers and office complexes to mixed-use projects.
Investment Opportunity: Positioned in a high-growth area with increasing demand for commercial spaces. This property presents a significant investment opportunity with the potential for substantial returns.
Demographics: Located in a rapidly expanding region with a growing population and strong economic development, offering a robust market for potential business ventures.

Property Facts

Price $2,500,000 - $5,795,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Multifamily
  • Hotel
  • Motel
  • Restaurant
Total Lot Size 11.59 AC
Zoning R-2 - Residential Multi

2 Lots Available

Lot

Price $2,500,000
Price Per AC $500,000.00
Lot Size 5.00 AC

Size: Two Lots totaling 11.59 acres of flat, versatile land, ideal for a variety of uses. The lots can be sold together or separately.

Lot

Price $3,295,000
Price Per AC $500,000.00
Lot Size 6.59 AC

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 41-04-04-022-023.003-038
  • 41-04-04-022-023.002-038
Land Assessment
$68,900
Improvements Assessment
$287,900
Total Assessment
$356,800
  • Listing ID: 39723354

  • Date on Market: 3/10/2026

  • Last Updated:

  • Address: 5703 W SMITH VALLEY Rd, Greenwood, IN 46142

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