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    Shoppes At Legacy Farms Block B Plainfield, IN 46168

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    For Sale
    $1,704,500

    4.85 acres of retail space on Plainfield's west side.

    Property size:
    4 SF
    Lot size:
    4.87 Acres

    Property Features for Shoppes At Legacy Farms Block B

    General Information

    Size
    4 SF
    Lot size
    4.87 Acres

    Source: Jeff Hines Agent Jeff Hines

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Land in Growing Plainfield

    This 4.85-acre retail space is located on the west side of Plainfield, an area experiencing rapid growth. Zoned GC within a PUD, the site is suitable for a hardware store or a medium-sized grocery store, with space for outlots. The property features 495 feet of frontage on US HWY 40, which sees 17,119 vehicles per day at the intersection. Access is facilitated by one full entrance on Eddie Way and a right-in/right-out (RIRO) entrance on Ventura Blvd. The lots are pad-ready, 100% buildable, and all utilities are available at the site. The seller is willing to divide the parcel. Off-site retention is in place.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Plainfield
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.3938
    Latitude
    39.6915

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    FAQs

    What type of property is this?
    Land - 4.85 acres of retail space on Plainfield's west side.
    Where is this land located?
    The property is located at Shoppes At Legacy Farms Block B Plainfield, IN.
    What is the asking price?
    The asking price for this property is $1,704,500.
    What are key features of this property?
    This property features: - Underserved, fast-growing west side of Plainfield location presents a first-mover advantage.; - **4.85 acres of retail space ideal for hardware store or medium-sized grocery with outlots.**; - Pad-ready lots that are 100% buildable with off-site retention.
    (317) 709-6000
    Request Owner's contact information
    Shoppes At Legacy Farms Block B Plainfield, IN 46168
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    Realmo Value Estimation

    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

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    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.

    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
    Shoppes At Legacy Farms Block B Plainfield, IN 46168
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