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4976 W Smith Valley Rd - Center Grove Smith Valley Land

1.72 Acres of Commercial Land Offered at $1,300,000 in Greenwood, IN 46142

Executive Summary

Great opportunity for 1.7 acres of prime development land in Center Grove! With the 69 project nearing completion, this land now sits on one of the main arteries for traffic flow into the area. Great visibility with traffic counts on the rise. Existing building on property would need to be demolished prior to new construction.

Property Facts

Price $1,300,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Storefront, Retail or Office
Total Lot Size 1.72 AC

1 Lot Available

Lot

Price $1,300,000
Price Per AC $755,813.95
Lot Size 1.72 AC

Great opportunity for 1.7 acres of prime development land in Center Grove! With the 69 project nearing completion, this land now sits on one of the main arteries for traffic flow into the area. Great visibility with traffic counts on the rise. Existi

Description

Former auto repair shop with 1.72 acres of prime development ground. Property has been appraised for $1.3M based upon redevelopment of the site to general retail frontage. Property sits less than a block to the east from the new Center Grove Shoppes development where Market District is slated for development.

zoning

Zoning Code B1 (Current zoning is business district 1 which includes light and medium retail and office uses.)
B1 (Current zoning is business district 1 which includes light and medium retail and office uses.)
  • Listing ID: 30559608

  • Date on Market: 1/7/2024

  • Last Updated:

  • Address: 4976 W Smith Valley Rd, Greenwood, IN 46142

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