Property profile

40 And Eddy Way Plainfield, IN 46168

OFF-MARKET
Land
3.47 ac lot
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Property summary

AI-generated overview

This exceptional 3.47-acre commercial land parcel presents a compelling investment opportunity in the rapidly growing Plainfield, Indiana market. Ideally situated at the southeast corner of US 40 and Eddy Way, this "shovel-ready" site offers immediate development potential. Located on the west side of Plainfield, just west of Gilley's and minutes from the Indianapolis International Airport, this property enjoys unparalleled accessibility and visibility. Its connection to the extensive Plainfield Trails system adds to its appeal. The recent openings of the new Government Center and the Hendricks Live Performing Arts Center further solidify this area's vibrant growth trajectory. The property's address is also listed as Eddy Way in Evesham, IN, zip code 08053, though the primary location is Plainfield, IN, zip code 46168. This location benefits from the explosive growth experienced in this thriving community, making it an ideal site for a variety of commercial developments. The property is zoned for commercial use (verification required). This is a rare opportunity to acquire a strategically positioned land parcel in one of Indiana's most dynamic commercial areas. The asking price is $1,699,500.

Property profile

Verified
Property type Land
Lot 3.47 ac (151,153 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

40 And Eddy Way Plainfield, IN 46168
Plainfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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