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    5074 Gateway Dr Plainfield, IN 46168

    For Sale
    $780,000

    3.2 Acres, $780,000 - Ideal Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 3.2-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Plainfield, Indiana. Located at 5074 Gateway Drive, this property boasts a highly desirable location within Hendricks County, offering easy access to key transportation routes and amenities. The asking price for this expansive tract is $780,000, representing a significant value proposition for developers and investors seeking a strategic foothold in a rapidly growing market. The property's zoning (which should be independently verified) allows for a variety of commercial uses, making it suitable for a wide range of development projects. Its generous size provides ample space for construction of substantial buildings, accommodating diverse business needs. The address is precisely 5074 Gateway Dr, Plainfield, IN 46168, with GPS coordinates of 39.675554 latitude and -86.373488 longitude. This location offers excellent visibility and accessibility, ensuring maximum exposure for any future development. Serious inquiries are encouraged to explore the full potential of this prime commercial land offering. Prospective buyers are advised to conduct their own due diligence regarding zoning regulations and development possibilities. This property represents a rare chance to acquire a significant land holding in a dynamic and prosperous Indiana community.

    Property Features for 5074 Gateway Dr

    General Information

    Property type
    Land

    HighLights

    • 3.2‑acre commercial land parcel in Plainfield, Indiana.
    • Located at 5074 Gateway Drive, Hendricks County, with excellent access to transportation.
    • Asking price: $780,000.
    • Zoning allows for various commercial uses (buyer to verify).
    • Large site suitable for substantial building construction.
    • Address: 5074 Gateway Dr, Plainfield, IN 46168 (39.675554, -86.373488).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Plainfield
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.373488
    Latitude
    39.675554

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    FAQs

    What type of property is this?
    Land - 3.2 Acres, $780,000 - Ideal Location
    Where is this land located?
    The property is located at 5074 Gateway Dr Plainfield, IN.
    What is the asking price?
    The asking price for this property is $780,000.
    What are key features of this property?
    This property features: 3.2-acre commercial land parcel in Plainfield, Indiana.; Located at 5074 Gateway Drive, Hendricks County, with excellent access to transportation.; Asking price: $780,000.
    (317) 684-6864
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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
    5074 Gateway Dr Plainfield, IN 46168
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