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    OFF-MARKET
    Land

    8875 County Road 825, Plainfield, IN 46168

    268 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 268-acre property in Hendricks County, Indiana, presents a unique investment opportunity. Located near Plainfield, though currently un-annexed, this agricultural-zoned land holds significant potential for future development. Its pivotal location is crucial for the planned extension of State Road 267, connecting State Road 67 in Morgan County. This extension necessitates the acquisition of this site, making it highly desirable for large-scale residential development. A 20-24 inch water main runs along the southern property line, providing readily available infrastructure. While sewer access is currently unavailable on-site, the property's strategic location makes it an attractive prospect for developers. The seller, a family trust, is seeking offers exceeding $43,000 per acre for the entire parcel, with a preference for a single closing. Extended due diligence periods will require substantial financial commitment. This property is ideally suited for a 1031 exchange investor who recognizes its importance to Plainfield's and Hendricks County's future growth and traffic management. The address is 8875 S County Road 825 E, Plainfield, IN 46168.

    Property profile
    Verified
    Property type Land
    Lot 268 ac (11,674,080 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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