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Property profile & analytics
OFF-MARKET Estimated value $765,000
Strip malls

1702 Main St Plainfield, IN 46168-1849

57,602 SF 5.96 ac lot Built 1961
Trust Owned 3-yr Hold Free & Clear
Property ID
US31-0564125
Property summary
AI-generated overview

Plainfield Plaza offers an exceptional retail leasing opportunity in the heart of Plainfield, Indiana. This Class B shopping center boasts 55,000 square feet of space, with a minimum divisible unit of 1,800 square feet and a maximum contiguous space of 1,800 square feet currently available. The property enjoys a strong tenant mix, including established businesses such as Ace Hardware (anchor tenant), Aaron's, Papa Murphy's, Firehouse Subs, Wings Etc., CosmoProf, and American Family Insurance. Its strategic location at the intersection of Main Street and State Road 267 (Quaker Blvd.), a major thoroughfare in Plainfield, ensures high visibility and accessibility. Combined traffic counts at this intersection exceed 47,000 AADT, providing significant exposure to potential customers. The center is conveniently situated adjacent to a Kroger grocery store, further enhancing its appeal and drawing power. This is an ideal opportunity for businesses seeking a vibrant and established retail environment in a high-traffic area. The available space is perfect for a variety of retail or office uses. Interested parties should inquire for further details.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1961
Construction WOOD
Total area 57,602 SF
Lot 5.96 ac (259,618 SF)
APN 32-10-25-351-001.000-012
UPID US31-0564125
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
Current use
Occupant on record · Public records
  • Toy Buzz & Fizz (Bike/Boat/Book/etc) Store Arcade & Gaming Center
  • CosmoProf (Bike/Boat/Book/etc) Store Cosmetic Store
  • County West Sports (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
$965k
Blend (final) Blend
$765k
Owner & transaction history
Haase Family Revocable Living Trust · 3 yrs held
Haase Family Revocable Living Trust
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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