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NWC of Main St. and Raceway Rd.
Plainfield, IN 46168
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 2.49 acres <ul><li>2.49 acres available for sale with full access on Main St. (US-40) in Plainfield, IN</li><li>Located at the entry to Plainfield at the northwest corner of Main St. & Raceway Rd.</li><li>Outlot to 240 new residential units with an additional 540 units planned for development</li><li>31,935 VPD on Main St. (US-40) with an additional 9,886 VPD on Raceway Rd.</li><li>The zoning allows for a wide range of commercial and retail uses, except fuel and automotive</li></ul>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
