4633 County Road 500, Plainfield, IN 46168
This exceptional 11.77-acre property presents a remarkable investment opportunity in Plainfield, Indiana. Strategically located just off US 40, this land boasts approximately 400 feet of road frontage on County Road 500 E, offering excellent visibility and accessibility. The property's prime location is further enhanced by its adjacency to the Vandalia by Del Webb 55+ active retirement community, providing a built-in market for potential development projects. Enjoy stunning views overlooking the Oak Tree Golf Course, adding to the property's desirability. Comprising two parcels, this expansive land offers significant potential for various commercial or residential developments. The area is served by Plainfield's highly-rated 4-star schools, making it an attractive location for families. With its substantial size, prime location, and desirable surroundings, this property is poised for significant growth and return on investment. The 9.05-acre parcel offers ample space for a variety of development plans, while the strategic location ensures high visibility and accessibility. This is a rare opportunity to acquire a large, well-situated parcel in a thriving community. Serious inquiries are encouraged. The property's size and location make it ideal for a range of development projects, capitalizing on the area's strong growth and demand.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.