151 Byrd WayGreenwood, IN 46143

For Sale
$500,000

.95-acre site, redevelopment potential

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 0.95-acre commercial property in Greenwood, Indiana, presents a unique redevelopment opportunity. Located at 151 Byrd Way, and zoned for commercial use, this prime site offers significant potential for a variety of uses. Its strategic location connects an existing 95% occupied 5.2-acre development at 100-400 Byrd Way with a former hotel site at 1117 E Main Street, creating a compelling opportunity to bridge these properties. The land is priced at $12.08 per square foot, and the asking price for the entire 0.95-acre parcel is $500,000. The property is classified as Class A and is suitable for a range of commercial ventures, including but not limited to, a daycare center or other tertiary uses. The property's APN is 41-02-34-032-015.003-025, and it is available for a 1031 exchange. This is a stabilized investment opportunity with redevelopment potential, making it an attractive addition to any portfolio. The property's proximity to I-65 and Main Street ensures high visibility and accessibility. This is a rare chance to acquire a significant piece of land in a thriving Greenwood location. The property is categorized as Hospitality, Land, Mixed Use, Multifamily, and Retail.

Highlights

  • $500,000 asking price for a 0.95-acre development site.
  • Located in Greenwood, Indiana, with a Commercial zoning permit.
  • Land value is $12.08/SF.
  • Broker co-op is available.
  • Suitable for redevelopment connecting existing properties, or for alternative uses such as a daycare.
  • APN: 41-02-34-032-015.003-025.

Property Details for 151 Byrd Way

Property type
Other retail properties, Multifamily properties
Class
A
Lot Size (sq. ft)
41,382 SF

Location Insight

City
Greenwood
County
Johnson
State
Indiana
Latitude
39.6125437
Longitude
-86.0789854
151 Byrd Way, Greenwood, Indiana

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151 Byrd Way
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