Property profile

2702 E Main St Plainfield, IN 46168

FOR LEASE
Commercial real estate
Property ID
US31-1299713
1.53 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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2702 E Main St, Plainfield, IN 46168 For Lease
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2702 E Main St, Plainfield, IN 46168
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Property summary

AI-generated overview

This exceptional 1.53-acre commercial land parcel presents a remarkable opportunity for retail development in the thriving Plainfield, Indiana market. Located at 2702 E Main St, this property boasts unparalleled visibility and accessibility, situated on a high-traffic thoroughfare with over 30,000 vehicles passing daily. Utilities are conveniently located at the site, simplifying the development process and reducing upfront costs. The property offers multiple points of access, enhancing convenience for both customers and employees. Its zoning allows for a wide range of retail uses, providing flexibility for various business concepts. The expansive lot size provides ample space for building construction and potential future expansion. This prime location in Hendricks County, Indiana, with its zip code 46168, offers easy access to major transportation routes and a strong local economy, making it an ideal investment for discerning developers seeking a high-impact retail presence. The property's strategic location and versatile zoning make it an exceptional opportunity to establish a successful and thriving business. This is a rare chance to acquire a highly visible and accessible commercial land parcel in a rapidly growing area. Don't miss this chance to secure your place in Plainfield's vibrant retail landscape.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.53 ac (66,647 SF)
APN 32-09-19-480-002.000-027
UPID US31-1299713

Cap rate & NOI

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

Location

2702 E Main St Plainfield, IN 46168
Plainfield metro Census 210607 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2024
Last sale
$200,000
1 recorded transaction
2024
$200,000

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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