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    OFF-MARKET
    Commercial real estate

    4633 County Road 500, Plainfield, IN 46168

    9.05 ac lot Built 1950
    Property ID
    US31-0493589
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1950
    Lot 9.05 ac (394,218 SF)
    UPID US31-0493589
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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