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    5011 Cambridge Way Plainfield, IN 46168

    Sponsored
    For Sale
    $1,725,000

    Prime Commercial Land, Plainfield, IN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.42-acre commercial land parcel in Plainfield, Indiana, presents a remarkable investment opportunity. Located at 5011 Cambridge Way, this flat, buildable lot boasts full access to essential utilities including water, electricity, and sewer. Its flexible zoning allows for diverse development options, including commercial, industrial, or residential projects. The property's level terrain simplifies construction, while its strategic location near major transportation routes ensures excellent accessibility and logistics. Plainfield's thriving economy, strong growth trajectory, and supportive local government create a favorable environment for development. This high-demand area experiences continuous growth in both commercial and residential sectors, making this a prime location for mixed-use developments, retail centers, industrial parks, or residential communities. The property's proximity to the Quaker Blvd exit further enhances its appeal and accessibility. This is a rare opportunity to capitalize on Plainfield's robust economic indicators and population growth, securing a significant return on investment in a dynamic and supportive community with a promising future. The asking price is $1,725,000. The property is situated in Hendricks County, Indiana, zip code 46168.

    Property Features for 5011 Cambridge Way

    General Information

    Property type
    Land
    Lot Size
    192,535 SF

    HighLights

    • 4.42 acres of flat, buildable land in Plainfield, IN.
    • Flexible zoning allows for commercial, industrial, or residential development.
    • Full utilities including water, sewer, and electricity are available.
    • Level topography is ideal for construction.
    • Located in a rapidly growing area with a strong economy and supportive local government.
    • Asking price: $1,725,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Plainfield
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.369077337852
    Latitude
    39.678848993287

    Nearby Comparable

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    Nearby Similar for Sale

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    • $1,850,500
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      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 - Prime Commercial Land, Plainfield, IN
    Where is this land located?
    The property is located at 5011 Cambridge Way Plainfield, IN.
    What is the asking price?
    The asking price for this property is $1,725,000.
    What are key features of this property?
    This property features: 4.42 acres of flat, buildable land in Plainfield, IN.; Flexible zoning allows for commercial, industrial, or residential development.; Full utilities including water, sewer, and electricity are available.
    (317) 590-7757
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    5011 Cambridge Way 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
    5011 Cambridge Way Plainfield, IN 46168
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