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    701 Columbia Rd Plainfield, IN 46168

    Sponsored
    For Lease
    Contact for pricing

    Modern Industrial Space, 382,654 SF

    Lot size:
    382,654 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 382,654-square-foot industrial building, constructed in 2018, is available for lease starting November 1, 2023. Located at 701 Columbia Rd, Plainfield, IN 46168, in Hendricks County, this single-tenant property sits on 25.97 acres and is zoned PUD. The building features a 32-foot ceiling height, providing ample vertical space for various uses. Loading and unloading are facilitated by 60 loading docks and 4 drive-in doors. Ample parking is available with 237 spaces. The property includes a 4,100-square-foot main office and an 800-square-foot shipping/receiving office. Its strategic location offers immediate access to Ronald Reagan Parkway and Interstate I-70, ensuring efficient transportation and logistics. The property benefits from a property tax abatement. Furthermore, its proximity to the FedEx national hub and the UPS Plainfield hub provides significant advantages for distribution-focused businesses. The area boasts an excellent amenity base, including restaurants, shopping centers, and hotels, enhancing the overall appeal and convenience for employees and visitors. This property is ideally suited for warehouse/distribution operations and high-tech manufacturing or R&D activities.

    Property Features for 701 Columbia Rd

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    382,654 SF

    Building Details

    Year Built
    2018
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    382,654 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    USPS STC Shipping And Mailing Service

    Suggested Use

    Realty agency Building Supply Hotel & Motel Pharmacy Gym & Fitness Kitchen & Bath Storage Facility HVAC Service Auto Repair Shop Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Plainfield
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.3376365
    Latitude
    39.7011984

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    FAQs

    What type of property is this?
    Life science property - Modern Industrial Space, 382,654 SF
    Where is this life science property located?
    The property is located at 701 Columbia Rd Plainfield, IN.
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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
    701 Columbia Rd Plainfield, IN 46168
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