3124 Smith Valley RdGreenwood, IN 46142

Property Details for 3124 Smith Valley Rd

Lot size

1.97 AC

Property size (Sq ft)

98,120 SF

Property type

Retail properties

Property subtype

Office properties

Description

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

Location Insight

City

Greenwood

County

Johnson

State

Indiana

Latitude

39.6065

Longitude

-86.1604

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