2437 Main StPlainfield, IN 46168

  • Retail properties
  • 18,572 SF
For Lease

Property Details for 2437 Main St

Year built
1985
Construction
TYPE NOT SPECIFIED
Lot size
13.54 AC
Property size (Sq ft)
18,572 SF
Property type
Retail properties
Property subtype
Strip malls
APN
32-10-25-227-002.000-012
APU
321025227002000012

Description

This exceptional retail opportunity presents 3,350 square feet of immediately available space within a 96,000-square-foot, Class B shopping center located at 2437-2477 E. Main Street in Plainfield, Indiana, 46168. The property consists of two buildings and enjoys a highly visible location at the intersection of Main Street (US 40) and Shady Lane, directly adjacent to a Walmart. This ensures high traffic volume and excellent exposure for your business. The minimum divisible space is 3,350 square feet, and the maximum contiguous space available is also 3,350 square feet. The property is situated in Hendricks County and benefits from being anchored by Value City and Planet Fitness, further enhancing its appeal and drawing a substantial customer base. This is an ideal location for businesses seeking high visibility and convenient access within a thriving retail environment. The property offers multiple space options, making it suitable for a variety of retail uses. This is a rare opportunity to secure prime retail space in a well-established and highly trafficked location. Contact us today to learn more about this exceptional property and to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,367,682
    6.5%
    $3,108,630
    7%
    $2,886,585
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,028,668
    Geo Method
    $4,028,668
  • Alternative Use

    Use
    Valuation
    Residential
    $2,622,246
    Hospitality
    $2,401,963
    Educational
    $1,998,405
    Medical
    $2,067,133
    Retail
    $3,108,630
2437 Main St, Plainfield, Indiana

Location Insight

City
Plainfield
County
Hendricks
State
Indiana
Latitude
39.7128
Longitude
-86.3646
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$104,003
$3,082,300
$2,705,200
$5,787,500
-
$3,082,300
$2,705,200
$5,787,500

FAQs

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