1805 Main St Plainfield, IN 46168-1813
This exceptional 0.43-acre commercial land parcel presents a prime development opportunity in Plainfield, Indiana. Located at 1805 East Main Street (US 40), this property boasts 144 feet of frontage, ensuring high visibility to the 36,650 vehicles passing daily. The asking price is $400,000. Three convenient curb cuts allow for easy access and egress, making it suitable for a variety of commercial uses. Its strategic location within the Indianapolis MSA, just a short distance from the Indianapolis International Airport, provides access to both local and regional markets. The property benefits from its proximity to a thriving retail environment, situated directly across from the Kroger-anchored Plainfield Plaza and near other major retailers including Meijer, Walmart, ALDI, Target, and Walgreens. This high-traffic location, combined with its excellent visibility and convenient access, makes it an ideal site for businesses seeking strong exposure and growth potential in a rapidly expanding retail corridor. The property's zoning is commercial, and its APN is 32-10-25-322-001.000-012. This is a rare opportunity to acquire a well-positioned commercial property in a dynamic and growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.