Property profile

1201 Columbia Rd Plainfield, IN 46168

OFF-MARKET
Industrial properties
Property ID
US31-0477995
33,955 SF 3.6 ac lot Built 2008
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,617 square foot office space in Plainfield, Indiana, presents a unique opportunity for businesses seeking a customizable workspace. Located at 1201 Columbia Road, this traditional office space is available in shell condition, allowing for complete design flexibility. The property boasts a dedicated entrance and abundant parking, ensuring convenient access for employees and clients. Its strategic location offers easy access to major transportation arteries, including Ronald Reagan Parkway and I-70, providing seamless connectivity to the Indianapolis International Airport. The surrounding area is rich with retail amenities, commercial businesses, and residential housing, creating a vibrant and convenient environment. The building also features prominent building signage, enhancing visibility and brand recognition. A significant tenant improvement allowance is available, enabling tenants to create a workspace perfectly tailored to their specific needs. The Federal Aviation Administration serves as an anchor tenant, adding to the prestige and stability of the location. This property is situated in Hendricks County, Indiana, with a zip code of 46168. The space is ideal for multiple tenants. Don't miss this chance to establish your business in a prime Plainfield location.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2008
Construction TYPE NOT SPECIFIED
Total area 33,955 SF
Lot 3.6 ac (156,816 SF)
APN 32-09-32-356-001.000-012
UPID US31-0477995

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Federal Government Office

Location

1201 Columbia Rd Plainfield, IN 46168-7582
Plainfield metro Census 210607 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
$785k
Blend (final) Blend
$770k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2011
Price N/A
2008
Price N/A
2005
$11,173

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $850,000 +27.0%

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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