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$569,000 -

4648 W Smith Valley Road Greenwood IN 46142

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.89
Acres

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.

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Property Details

Price: $569,000 Previously: $569,000 Originally: $569,000 Bathrooms: 0.00 MLS #: 22105440 Township: White River Sq. Ft Total: 1,890 Type: Commercial Sale Zip Code: 46142 City: Greenwood Subdivision: Empty County: Johnson School District: Center Grove Community School Corp High School: Center Grove High School

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • # Acres: 0.89

Listing Office: Re/max Advanced Realty

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on September 15th, 2026 at 10:58pm EDT.

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