500 North Madison Avenue

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500 North Madison Avenue

Greenwood, IN 46142
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

5 Parcel Assemblage | 3.916 Acres | Existing Income | Riverfront District Redevelopment Opportunity <p>• Five parcel assemblage offered as one portfolio sale</p><p>• Located in Greenwood's Riverfront District</p><p>• Approximately 3.916 total acres</p><p>• Existing frontage buildings provide current rental income</p><p>• Preliminary retail strip center plans available</p><p>• Prior planning and discussions completed with the City of Greenwood</p><p>• Excellent Madison Avenue visibility</p><p>• Approximately 17,657 vehicles per day</p><p>• Walkable downtown location surrounded by restaurants, b

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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