Skip To Content

4648 W Smith Valley Road

Greenwood, IN 46142
  • $569,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 22105440
UPDATED: 58 min ago
$569,000
  • 0
    BEDS
  • 0.89
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Information

Description

Exceptional commercial development opportunity in the heart of Center Grove. This 0.89-acre property is designated **Neighborhood Commercial** in the latest Johnson County Comprehensive Plan, supporting a wide range of potential uses including professional office, medical, retail, restaurant, and service-oriented businesses. The property offers approximately **125 feet of frontage along Smith Valley Road**, providing outstanding visibility and exposure to an estimated **14,000 vehicles per day**. Existing improvements may be repurposed for continued use, or the site may be redeveloped to accommodate a new commercial project. Strategically positioned in **White River Township**, one of Johnson County's most desirable and rapidly growing areas, the property is poised to benefit from continued residential and commercial expansion driven by the completion of **Interstate 69**. Its central location, strong traffic counts, and future growth potential make this an excellent opportunity for investors, developers, and owner-users alike.

Monthly Payment Calculator



© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-06-16T10:25:12.453. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.theindypropertysource.com/homes/177126701
Print Image

4648 W Smith Valley Road Greenwood, IN 46142

  • Price: $569,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 58 min ago
  • MLS #: 22105440
0
Beds
0
Baths
0
½ Baths
0.89
Acres
Neighborhood:
4101 - Johnson - White River
County:
Johnson
Area:
4101 - Johnson - White River
High School:
Center Grove High School
School District:
Center Grove Community School Corp
Property Description
Exceptional commercial development opportunity in the heart of Center Grove. This 0.89-acre property is designated **Neighborhood Commercial** in the latest Johnson County Comprehensive Plan, supporting a wide range of potential uses including professional office, medical, retail, restaurant, and service-oriented businesses. The property offers approximately **125 feet of frontage along Smith Valley Road**, providing outstanding visibility and exposure to an estimated **14,000 vehicles per day**. Existing improvements may be repurposed for continued use, or the site may be redeveloped to accommodate a new commercial project. Strategically positioned in **White River Township**, one of Johnson County's most desirable and rapidly growing areas, the property is poised to benefit from continued residential and commercial expansion driven by the completion of **Interstate 69**. Its central location, strong traffic counts, and future growth potential make this an excellent opportunity for investors, developers, and owner-users alike.
Exterior Features

Parking Features Detached Road Access Street Cuts

Interior Features

Building Area Total 1890

Property Features

Acres 1/2-1 Acre Current Use Residential Dpr YN No New Construction YN No Possession Negotiable Possible Use Comm Sgl TenOfficeRetail Property Sub Type Retail Semi Annual Property Tax Amt 275 Space Available 1890 Tax Year 2025 Township White River Transaction Type Sale Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSeptic SystemWater Connected Zoning SR

Listing provided courtesy of RE/MAX Advanced Realty: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-06-16T10:25:12.453. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
https://bt-photos.global.ssl.fastly.net/indy/orig_boomver_1_22105440-1.jpg https://bt-photos.global.ssl.fastly.net/indy/orig_boomver_1_22105440-1.jpg
Logo
The Indy Property Source | Keller Williams Realty
,