0 Five Points RdGreenwood, IN 46143

This exceptional 51-acre parcel presents a rare Greenwood development opportunity. Located in desirable Johnson County, Indiana, on N. Five Points Rd., this property boasts a prime location with excellent visibility and access. Currently zoned RM Residential, the land is approved for a mixed-use development, encompassing approximately 23 acres designated for apartments and 28 acres suitable for build-to-rent (BTR) projects. A recently completed survey and clean Phase 1 environmental assessment ensures a streamlined development process. The flat topography simplifies construction, and utilities are readily available at or near the site. The property offers significant frontage on a main thoroughfare, enhancing its appeal and accessibility. This substantial acreage presents a unique chance to capitalize on Greenwood's thriving real estate market and create a significant residential development. The 46143 zip code offers convenient access to amenities and major transportation routes. This is an exceptional opportunity for developers seeking a large, well-situated parcel with clear zoning approvals and a straightforward development path. Don't miss this chance to acquire this highly desirable piece of Greenwood real estate.