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8875 County Road 825Plainfield, IN 46168

268 Acres, Agricultural Zoning, Development Potential

Overview

Added:
Jan 24
Days on market:
71
This exceptional 268-acre property in Hendricks County, Indiana, presents a unique investment opportunity. Located near Plainfield, though currently un-annexed, this agricultural-zoned land holds significant potential for future development. Its pivotal location is crucial for the planned extension of State Road 267, connecting State Road 67 in Morgan County. This extension necessitates the acquisition of this site, making it highly desirable for large-scale residential development. A 20-24 inch water main runs along the southern property line, providing readily available infrastructure. While sewer access is currently unavailable on-site, the property's strategic location makes it an attractive prospect for developers. The seller, a family trust, is seeking offers exceeding $43,000 per acre for the entire parcel, with a preference for a single closing. Extended due diligence periods will require substantial financial commitment. This property is ideally suited for a 1031 exchange investor who recognizes its importance to Plainfield's and Hendricks County's future growth and traffic management. The address is 8875 S County Road 825 E, Plainfield, IN 46168.

Highlights

  • 268-acre agricultural land parcel in Hendricks County, Indiana.
  • Located near Plainfield, IN, but currently un-annexed.
  • Agriculture zoning; prime location for future development, crucial for planned road extension.
  • Water main access along the southern property line; sewer connection will be required.
  • Highly desirable for large-scale residential development; minimum asking price of $43,000 per acre.
  • Seller prefers a single buyer for the entire parcel; limited due diligence periods without significant earnest money.

Property Details for 8875 County Road 825

Property type
Land, Farms
Lot Size (sq. ft)
11,674,080 SF

Location Insight

City
Plainfield
County
Hendricks
State
Indiana
Latitude
39.633300248478
Longitude
-86.375160871971
8875 County Road 825, Plainfield, Indiana

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8875 County Road 825
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