Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5458 Gibbs Rd Plainfield, IN 46168

    Sponsored
    For Sale
    Pending
    $216,000

    Residential Lots - Plainfield, IN

    Lot size:
    1.10 Acres
    Days on Market:
    44
    Last Refresh:
    Jan 20 at 4:06 am

    Property Features for 5458 Gibbs Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R1
    APN
    321028124002000012
    Lot size
    1.10 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Lynn Roberts

    Home Pro USA Inc (317) 837-5665 [email protected]

    Listing agent Lynn Roberts (317) 839-6450 License #RB14041059

    Listing date Dec 8, 2025

    MLS# 22034438 Listing URL

    Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Lot with Mature Trees

    This residential lot, located in Plainfield, Indiana, features mature trees and is situated on a ridge offering views. The lot is conveniently located near walking paths and the Aquatic Center. It is located within the Plainfield School System. The lot size is 1.098 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Spa & Massage Dental Office Clothing Store Gym & Fitness Department Store Kitchen & Bath Food Market HVAC Service Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plainfield
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.429402
    Latitude
    39.717468

    Nearby Similar for Sale

    • $1,590,000
      7,860 SF

      Plainfield Retail Opportunity For Sale

      Former Golden Corral with multiple access points and ample parking.
      2224 E Perry Rd, Plainfield, IN 46168
      View Details
    • $1,690,000
      7,564 SF

      Retail Strip Center in Plainfield

      Prime retail strip center with six units, all currently leased.
      2028 Stafford Rd, Plainfield, IN 46168
      View Details
    • Contact for pricing
      7,560 SF

      Auto Service Shop on Corner

      Well-maintained auto service shop on a corner lot in Plainfield.
      1155 E Main St, Plainfield, IN 46168
      View Details
    • $249,900
      1,314 SF

      Charming Home with Sunroom

      2-bedroom, 2-bath home with sunroom and modern updates.
      251 Andrews Blvd, Plainfield, IN 46168
      View Details
    • Contact for pricing
      70,425 SF

      70,425 SF Industrial Warehouse

      Divisible 70,425 SF warehouse with interstate access in Plainfield, Indiana.
      3100 Reeves Rd, Plainfield, IN 46168
      View Details
    • Contact for pricing
      80,000 SF

      Plainfield Warehouse with Ample Parking

      80,000 SF warehouse with parking, docks, and drive-in door.
      I-70, Plainfield, IN
      View Details
    • Contact for pricing
      500,192 SF

      Industrial Space in Plainfield

      500,192 SF industrial space available for lease.
      501 Airtech Pkwy, Plainfield, IN 46168
      View Details
    • $1,895,000
      1,856 SF

      Prime Plainfield Business District Property

      Exceptional location, high-traffic area.
      326 Main St, Plainfield, IN 46168
      View Details
    • $1,690,000
      7,564 SF

      Plainfield Retail Center - High ROI

      Six-unit leased retail strip center, prime location.
      2028 Stafford Rd, Plainfield, IN 46168
      View Details
    • $1,550,000
      7,200 SF

      Plainfield Shopping Center Investment

      6-Unit Retail Center, 100% Occupied
      2028 Stafford Rd, Plainfield, IN 46168
      View Details
    • $1,850,500
      4,029 SF

      5020 Cambridge Way, Plainfield, IN 46168

      Retail properties • 4,029 SF
      5020 Cambridge Way, Plainfield, IN 46168
      View Details

    FAQs

    What type of property is this?
    Land - Residential lot with mature trees in Plainfield, Indiana.
    Where is this land located?
    The property is located at 5458 Gibbs Rd Plainfield, IN.
    What is the asking price?
    The asking price for this property is $216,000.
    What are key features of this property?
    This property features: - Beautiful lot with mature trees and a great view from a ridge.; - Wonderful location for a custom home.; - Enjoy close proximity to walking paths and the Aquatic Center.
    (317) 418-6351
    Request Owner's contact information
    5458 Gibbs Rd Plainfield, IN 46168
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5458 Gibbs Rd
    Plainfield, IN 46168
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5458 Gibbs Rd Plainfield, IN 46168
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Lynn Roberts
    Real Estate License ID: RB14041059
    (317) 418-6351
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.