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Financial
Distress signals
Property profile

688 Tower Rd Plainfield, IN 46168

OFF-MARKET
Industrial properties
Property ID
US31-1091139
11,700 SF 1.31 ac lot Built 1995
Last sale Oct 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This freestanding industrial building, located at 688 Tower Road, Plainfield, IN 46168, offers 12,000 square feet of space on a 1.31-acre lot. The property, built in 1993, is zoned I-2 and situated in the Plainfield submarket of Hendricks County. It features a single tenancy, making it ideal for businesses seeking sole occupancy. The building boasts a 15.5-foot ceiling height, enhancing storage and operational efficiency. Loading and unloading are facilitated by two loading docks and six…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$367k
Assessed land$125k
Assessed improvement$242k
Effective rate1.99%

Value estimate

· Oct 2026
$265k
$239k – $292k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHENDRICKS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.5
Wholesale Shop10.8
Parking Facility10.8

Location

688 Tower Rd Plainfield, IN 46168-8752
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 12 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9400 Bradford, Plainfield, IN 46168-5909 $21,100,000 May 2020 No data
469 Avon, Plainfield, IN 46168-1001 $150,000 Aug 2019 15,238 SF
2185 Airwest, Plainfield, IN 46168-7716 $3,700,000 Jul 2019 102,718 SF
5778 Us Hwy 40, Plainfield, IN 46168-8232 $650,000 Oct 2018 12,880 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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