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Property profile & analytics
OFF-MARKET
Estimated value
$2,380,000
Warehouses
600 Perry Rd, Plainfield, IN 46168-7453
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US31-0657464
Property summary
AI-generated overview
This exceptional industrial property at 600 S Perry Road, Plainfield, IN 46168, offers 162,231 square feet of versatile space ideal for various uses. The building features a combination of refrigerated cold storage and flexible space, making it suitable for a wide range of businesses. The high ceilings, measuring 36 feet, provide ample vertical storage capacity. Access is convenient via Perry Road, with a cross street of Stout Heritage Parkway. The property boasts 25 dock doors and one drive-in door, ensuring efficient loading and unloading. Internal storage is optimized with 10,247 rack locations and 2,059 bulk locations. Approximately 1,600 square feet of office space is included. The climate-controlled area maintains a temperature of approximately 70°F and 50% humidity. The current lease expires September 30, 2026. The rate is $4.38 per square foot, NNN, with operating expenses of $1.77 per square foot. This property presents a significant opportunity for businesses seeking a large, well-equipped industrial space in a prime Plainfield location. The property is currently multi-tenant.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2004
Construction
TYPE NOT SPECIFIED
Total area
635,585 SF
Lot
28.37 ac (1,235,797 SF)
APN
32-09-31-101-002.000-012
UPID
US31-0657464
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
-
600 South Perry Road General Contractor
-
GXO Logistics Company Freight Service
-
XPO Logistics Warehouse & Storage
-
Panattoni Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.38M
Owner & transaction history
Perry Road 1 Hagan LLC · 18 yrs held
Perry Road 1 Hagan LLC
since 2008
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Plainfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$4 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$662,620
Tax year 2023
Assessed value
$32,691,300
Assessed 2023
Previous assessed
$32,691,300
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$2,837,000
Assessed improvement
$29,854,300
Land market value
$2,837,000
Improvement market value
$29,854,300
Total market value
$32,691,300
Applied tax rate
21.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
635,585 SF
Lot
28.37 ac (1,235,797 SF)
APN
32-09-31-101-002.000-012
UPID
US31-0657464
Jurisdiction
HENDRICKS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2004
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
28.37 ac
Current owner
From public records · entity-resolved
Perry Road 1 Hagan LLC
Entity
Free & Clear · 18 yrs held
Mailing address
1800 WAZEE ST STE #500, DENVER, CO 80202-2526
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2008
—
Perry Road 1 Hagan LLC
Perry Field Phase 2 LLC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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