40 Cor Us Eddie Way & Us Hwy, Plainfield, IN 46168
Exceptional 4.87-acre commercial land parcel presents a prime investment opportunity in Plainfield, Indiana's rapidly expanding west side. Located at the southeast corner of US Eddie Way and US Highway 40, this property boasts a highly visible 495-foot frontage on a busy thoroughfare with a daily traffic count of 17,119 vehicles. The site offers two convenient entrances: a full entrance on Eddie Way and a RIRO (right-in, right-out) entrance on Ventura Boulevard. Zoned PUD, GC, this pad-ready lot is 100% buildable, with all utilities readily available on-site. The seller is willing to divide the parcel, offering flexibility for various development scenarios. Ideal for a hardware store, medium-sized grocery store, or other retail establishments, this location provides an excellent chance to capitalize on the underserved market demand in this thriving area. The property's strategic location and build-ready condition make it an attractive proposition for investors seeking immediate development potential. Off-site retention is already in place.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.