Property profile

0 Raceway Rd Plainfield, IN 46168

OFF-MARKET
Land
3.22 ac lot
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Property summary

AI-generated overview

This exceptional 3.22-acre commercial land parcel presents a remarkable opportunity for development in the thriving Plainfield, Indiana market. Located at 0 S Raceway Rd, this desirable corner lot boasts excellent accessibility and high visibility, making it ideal for a variety of retail uses. The property is zoned NR-Neighborhood Retail, allowing for a range of commercial ventures. Its strategic location offers significant advantages, situated only half a mile from RR Parkway, ensuring convenient access for customers and employees. Utilities are readily available, simplifying the development process and minimizing upfront costs. The active and growing area surrounding the property guarantees a strong potential customer base and significant return on investment. This expansive lot provides ample space for a substantial development project, catering to the needs of a burgeoning community. The property's prime location and favorable zoning regulations make it an exceptional investment opportunity in a rapidly expanding market. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prime piece of commercial real estate in Plainfield, Indiana.

Property profile

Verified
Property type Land
Lot 3.22 ac (140,263 SF)

Cap rate & NOI

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

Location

Raceway Rd Plainfield, IN 46168
Plainfield metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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