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$899,000
Rare opportunity to own one of the last large residential investment properties in Greenwood! This approximately 5-acre, flat and usable property offers tremendous potential for builders, developers, and investors. Conveniently located approximately 20 minutes south of Downtown Indianapolis and just minutes from I-65, major shopping, parks, and highly rated Greenwood schools. The property is directly across from Greenwood Middle School and approximately half a mile from Greenwood High School and Freedom Park. Major utilities, including gas, electric, water, and sewer, are located along Averitt Road. Previous development plans outlined 13-20 duplexes, offering the potential for 26-40 total units subject to zoning and governmental approvals. The property also offers flexibility for custom home development, with potential lot sizes ranging from approximately 1/4-acre lots to larger estate-sized parcels. Currently on the property is an approximately 4,300-square-foot, 11/2-story home featuring 5 bedrooms, 3 bathrooms, 2 fireplaces, gas forced air, and central A/C. Additional improvements include an approximately 2,500-square-foot pole building, a 900-square-foot red barn, and a pool in need of improvements.

1301 Averitt Road, Greenwood

Listing courtesy of Trueblood Real Estate.

$40,000
Residential land! Great opportunity to own a residential lot with potential for a new construction project. Whether you're looking to build a home, add to your investment portfolio, or develop the property, this lot offers a blank canvas for the right buyer. Property just south of vacant lot is also for sale!

130 S Railroad Street, Whiteland

Listing courtesy of Simplify Real Estate.

$150,000
Rare 1.41-Acre Urban Oasis in Old Town Greenwood! An absolute unicorn of a property has hit the Greenwood market! Vacant land in this historic footprint is incredibly rare, and finding a parcel of this size is a once-in-a-lifetime opportunity. Boasting a total of 1.41 acres, this expansive property offers a perfect blend of cleared utility and private, wooded tranquility-all within easy walking distance of the absolute best that Old Town Greenwood has to offer. The front is fully secured by a 6-foot chain link fence with an access gate. Lined entirely by stunning mature trees, this section provides excellent privacy from the street and serves as a perfect gateway to the rest of the acreage. The rear portion of the property is a dense, scenic wooded retreat. It's your own private state-park experience right in your backyard. You simply cannot beat this location. Leave your car at home and take a short walk to: Greenwood Amphitheater & Craig Park (for summer concerts and community events), Old City Park & Northeast Park, Greenwood Community Center, and Old Town Greenwood Shops & Dining. Whether you are looking to build a custom dream home with unparalleled acreage in the heart of the city, or exploring a rare infill development opportunity, this parcel is a blank canvas waiting for your vision. Properties like this do not wait around-secure your piece of Old Town Greenwood today!

200 Academy Street, Greenwood

Listing courtesy of O'Brien Team Realty.

$99,900

512 Pleasant Run Drive, Greenwood

Listing courtesy of Better Homes and Gardens Real Estate Gold Key.

$6,250,000
Prime location for Single Family and Commercial location with I65 conveniently nearby. Several new & or proposed areas nearby. Note the Commercial area is approximately 15.25 Acres along County Line Road and 65.65 Acres along 5 Points Road divided by the Grubbs Ditch. Possible Strip Center Location.

N 5 Points Road, Greenwood

Listing courtesy of Carpenter, REALTORS®.

$2,490,000
Prime 7.69-acre commercial parcel with IC (Commercial) zoning located in a rapidly growing corridor in Greenwood. Positioned just east of Exit 99 off Interstate 65, this property offers excellent visibility, accessibility, and strong traffic counts. Zoning allows for a wide variety of commercial uses including hotel/motel, retail plaza, car wash, office or medical office space, banking, restaurant, and more. Surrounded by established and expanding commercial developments, including nearby logistics and truck stop operations, providing strong business synergy and growth potential. Utilities are Onsite. Ideal opportunity for investors, developers, or owner-users seeking a high-demand location. Don't miss this exceptional development opportunity in a high-growth area. NOTE: Will not be approved for Truck Yard.

1761 E Main Street, Greenwood

Listing courtesy of Blue Flag Realty Inc.

$3,000,000
An amazing and UNIQUE opportunity to own close to 400 (374.42) acres of beautiful wilderness! This expansive property includes 6 connected parcels of land with versatile utility. The landscape is rich with natural features, rolling hills, including a creek/stream and several winding miles of walking paths that make exploring the massive acreage scenic and enjoyable. The land offers a mix of prime logging and hunting grounds, plus approximately 4-6 tillable acres. Some parcels are currently enrolled in the Forest Reserve Program for conservation benefits. Included with the sale are a Saw Mill and Loader, as well as a motor home situated on a flat clearing-ideal for staying on-site while working or enjoying the land. A historic single-family structure (approx. 450 sq. ft.) from 1870 remains on the 1-acre portion (not livable), adding a touch of history to this private retreat. Perfect for anyone seeking absolute privacy and a place to truly work the land. All the above features but only 30 mins from historic Madison, and 90 mins from Indianapolis, Cincinnati, and Louisville. This has been in Seller's family for many many years. Owners prefer not to split.

11265 Arnold Miller Road, Canaan

Listing courtesy of CHOATE REALTY & Consulting.

$695,000
Exceptional devlopment opportunity along US 31 in Whiteland. This 5.5 +/- acre parcel offers over 135 feet of frontage on a high-visibility corridor with strong traffic counts. A curb cut is already in place at the southern boundary. Gas and Electric on site, water and sewer nearby. The site is well-positioned for a variety of commercial or mixed-use developments, with flexible zoning and convenient access to I-65 and Greenwood. An additional 5-acre parcel is available directly to the north, allowing for expanded development possibilities see BLC # 22050846.

6516 N Us Highway 31, Whiteland

Listing courtesy of Keller Williams Indy Metro Partners.

$1,500,000
Prime 4.1 Acres Commercial Land - US 31 Frontage, Corner Lot Exceptional opportunity to own 4.1 acres of commercial land, divided into 2 parcels, located along the highly visible and high-traffic US 31. This prominent corner lot offers excellent accessibility and exposure, making it ideal for a wide range of commercial development.

Us 31, Whiteland

Listing courtesy of Indy Crossroads Realty Group.

$1,402,500
Great location on Whiteland road near US 31. Ideal for Senior living or mixed use development opportunity. Utilities on site.

545 Whiteland Road, Whiteland

Listing courtesy of Carpenter, REALTORS®.

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