3124 Smith Valley RdGreenwood, IN 46142

For Sale
$998,500

High-traffic retail/mixed-use lots

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional investment opportunity encompasses three strategically located parcels totaling approximately 27 acres in Greenwood and Indianapolis, Indiana. The properties offer a unique blend of high visibility and accessibility, situated near major retailers like Menards and Kroger, with easy access to I-69 and I-65 interchanges. One parcel, at 3124 W Smith Valley Rd, boasts 2 acres ideal for retail or office use, benefiting from high daily traffic counts (53,000 vehicles) and proximity to a newly constructed car wash and planned road improvements. Smith Valley Road is slated for widening within the next two years, further enhancing visibility and accessibility. This location is within the Center Grove school district, serving a population of 165,000 within a five-mile radius, with a median income of $88,500. Another parcel, located at 1684 Meridian Oaks Dr, spans 1.97 acres and is engineered for a 7,500 sq ft building, suitable for automotive businesses, offices, or restaurants. Finally, a larger 27+ acre wooded site at 7931 W 88th St in Indianapolis, near Eagle Creek, presents significant potential for residential and multi-family development. All properties offer excellent visibility and are priced at $998,500 for the combined offering. Utilities are readily available near all sites. Existing tenant rights apply to some parcels

Highlights

  • 2-acre parcel at 3124 W Smith Valley Rd, Greenwood, IN, suitable for retail or office; high visibility, adjacent to Menards, near I-69/I-65 interchanges; 53,000 VPD; Center Grove School District.
  • 1.97-acre parcel at 1684 Meridian Oaks Dr, engineered for a 7,500 SF building, ideal for automotive, office, or restaurant use.
  • 27+ acre wooded site at 7931 W 88th St, Indianapolis, IN, near Eagle Creek; suitable for residential and multi-family development; Traders Point area.

Property Details for 3124 Smith Valley Rd

Property type
Other retail properties, Other office properties
Square Feet
98,120 SF
Class
B
Lot Size (sq. ft)
85,813 SF

Location Insight

City
Greenwood
County
Johnson
State
Indiana
Latitude
39.6064874
Longitude
-86.16041488
3124 Smith Valley Rd, Greenwood, Indiana

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3124 Smith Valley Rd
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