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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
Investment Highlights
- Two Lots totalling 11.59 acres of flat, versatile land, ideal for a variety of uses.
- Direct access to I-69 and proximity to major transportation routes.
- Prominent location with high traffic counts.
Executive Summary
Location: Prime frontage on W Smith Valley Rd with direct access to I-69, ensuring high visibility and ease of transportation.
Size: Two Lots totalling 11.59 acres of flat, versatile land, ideal for a variety of uses. The lots can be sold together or separately.
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 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | |
| No. Lots | 2 | Total Lot Size | 11.59 AC |
| Price | $2,500,000 - $5,795,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 11.59 AC |
2 Lots Available
Lot 1
| Price | $3,295,000 | Lot Size | 6.59 AC |
| Price Per AC | $500,000 |
| Price | $3,295,000 |
| Price Per AC | $500,000 |
| Lot Size | 6.59 AC |
6.59 acres of flat, versatile land, ideal for various uses.Level lot with utilities at the property. The City of Greenwood has run a new interceptor sewer line to the land side of the street.
Lot 2
| Price | $2,500,000 | Lot Size | 5.00 AC |
| Price Per AC | $500,000 |
| Price | $2,500,000 |
| Price Per AC | $500,000 |
| Lot Size | 5.00 AC |
5 acres of flat, versatile land, ideal for various uses.Level lot with utilities at the property. The City of Greenwood has run a new interceptor sewer line to the land side of the street.
Description
Located near I-69 interchange. Level lot with utilities at the property. The best use is Mixed-use/Multi-family development.
PROPERTY TAXES
| Parcel Number | 41-04-04-022-023.003-038 | Improvements Assessment | $0 |
| Land Assessment | $7,700 | Total Assessment | $7,700 |
PROPERTY TAXES
zoning
| Zoning Code | R-2 (Residentail Multi) |
| R-2 (Residentail Multi) |
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Steven Sherwood - Key Realty Indiana
Presented by
Key Realty Indiana
5703 W SMITH VALLEY Rd
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