Greenfield, IN
Commercial Real Estate Market Trends & Data

$261 Avg asking sale price
$23 Avg asking lease rate
212,841 SF Avg unit lease size
35,901 SF Avg building size for sale
5.00% Average cap rate

Greenfield's Demographic Profile

Greenfield has 10,612 households and a median income of $72,232, providing context for rent absorption and tenant demand across retail and multifamily assets. A +10% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 25,970
# Households 10,612
Median age 40
Median household income $72,232
Avg household size 2.0
Renter-occupied housing units 3,507
5-year population change +10%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Greenfield, IN

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Greenfield $350 14,662 SF
Fortville $170 10,598 SF
Mc Cordsville $214 13,681 SF
Cumberland $108 20,000 SF
Mccordsville $663 5,380 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Lawrence $95 8,043 SF 6.21%
Indianapolis $194 23,957 SF 11.70%

Commercial Properties For Sale in Greenfield

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

1749 W Main St

Greenfield, IN

  • $2,800,000
For Sale

0 State Road 9

Greenfield, IN 46140

  • 39.83 AC Lot
  • 1 Industrial Lot
  • $2,987,250
For Sale

0 North 200 West

Greenfield, IN 46140

  • 20 AC Lot
  • 1 Agricultural Lot
  • $2,000,000
For Sale

222 Storage Units (Development)

Greenfield, IN 46140

  • 3.05 AC Lot
  • 1 Industrial Lot
  • $699,000
For Sale

1429 W Main St

Greenfield, IN 46140

  • 6,000 SF Flex Building
  • $750,000
For Sale

6151 W 400 N

Greenfield, IN 46140

  • 7,500 SF Industrial Building
  • $1,200,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Greenfield pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Greenfield $261 35,901 SF
Fortville $170 10,598 SF
Mc Cordsville $196 211,323 SF
New Palestine $310 10,454 SF
Cumberland $151 128,380 SF

Regional Demographic Comparison

This comparison places Greenfield alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Greenfield or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Greenfield 25,970 10,612 40 $72,232 2 3,507 10%
Fortville 5,285 2,183 37 $78,761 2 665 10%
Mc Cordsville 18,053 6,144 37 $104,952 3 789 12%
New Palestine 2,461 961 43 $97,894 3 120 10%
Cumberland 5,509 2,185 39 $78,505 3 818 5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Greenfield, IN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Greenfield

View All Commercial Real Estate For Sale in Greenfield
Is Greenfield a good market for a first-time commercial real estate investor?

Greenfield offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Greenfield?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Greenfield. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Greenfield?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Greenfield. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Greenfield compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Greenfield. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Greenfield acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Greenfield, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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