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    1516 E Main St Plainfield, IN 46168

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    For Lease
    $22 SF/Yr

    15,120 SF retail space with high visibility.

    Property size:
    15,120 SF
    Lot size:
    2.63 Acres

    Property Features for 1516 E Main St

    General Information

    Size
    15,120 SF
    Lot size
    2.63 Acres

    Source: JLL | Indianapolis Agent Tim Murray

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

    Overview

    Retail Space on Main Street

    This retail space offers 15,120 square feet of area on a 2.63-acre lot. It features signage availability and benefits from high visibility. There are 55 surface parking spaces available. The property is located on E. Main Street and S. Dan Jones Road, which sees over 23,868 vehicles per day. The current lease is set to expire on January 1, 2031.
    Insight Report Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Obed M. Nyarenchi, ... Pharmacy Bitcoin Depot | BDCheckout Atm LibertyX Bitcoin ATM Atm Coinhub Bitcoin ATM ... Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Plainfield
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.383166
    Latitude
    39.708832

    Nearby Similar for Lease

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      Main St Crossing Retail Space

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    FAQs

    What type of property is this?
    Retail space - 15,120 SF retail space with high visibility.
    Where is this retail space located?
    The property is located at 1516 E Main St Plainfield, IN.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - 15,120 sf on 2.63 acres; - Lease expiration 01/01/2031; - Great visibility
    (317) 471-7081
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    1516 E Main St Plainfield, IN 46168
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    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

    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.

    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
    1516 E Main St Plainfield, IN 46168
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