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Investment Highlights

  • Four entitled development pads totaling 13.73 acres available individually or as a portfolio.
  • Roads, sidewalks, stormwater infrastructure, and utility mains are already in place.
  • Located within the 125-acre Hobbs Station master-planned mixed-use community.
  • Flexible entitlement supports multifamily, mixed-use, townhome, senior living, office, and medical development.

Executive Summary

Colliers | Indianapolis, as exclusive listing agent is offering for sale four (4) entitled development pads totaling 13.73 acres within Hobbs Station - a 125-acre, $300M+ master-planned mixed-use community at Smith Road and Township Line Road in Plainfield, Indiana. The master plan is built and operating: 300 multifamily units delivered,
240 single-family homes under construction by Pulte, and the adjacent two (2) building Terminus at Hobbs Station industrial buildings totaling 497,540 SF. The four pads on offer represent the final residential and commercial phases of a proven, in-place master planned community.

Data Room Click Here to Access

Property Facts

Sale Type Investment
No. Lots 4
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Medical
  • Planned Unit Development
  • Storefront, Retail or Residential
Total Lot Size 13.73 AC
Opportunity Zone Yes
Zoning PUD - Hobbs Station Planned Unit Development (Town Council Ordinance No. 17-2021, as amended by Ordinance No. 04-2025).
Parcel Number 32-09-19-311-001.000-027

4 Lots Available

Lot A

Lot Size 4.69 AC

Lot B

Lot Size 2.95 AC

Lot D

Lot Size 2.06 AC

Lot H

Lot Size 4.03 AC

Description

Hobbs Station presents a rare opportunity to acquire the final four entitled development pads within a 125-acre master-planned mixed-use community in Plainfield, Indiana. The offering includes 13.73 acres across Blocks A, B, D, and H, representing the remaining residential, mixed-use, office, medical, and commercial development opportunities within the project. The community is already established with significant infrastructure and vertical development completed, including 300 multifamily units, operating mixed-use components, completed roads and streetscapes, utility mains at pad frontages, stormwater facilities, and the Vandalia Trail extension. An additional 240 single-family homes are under construction, while nearby multifamily, townhome, senior housing, and industrial developments continue to expand the area's residential and employment base. Located near the Smith Road and Township Line Road intersection, Hobbs Station offers convenient access to I-70, I-465, Indianapolis International Airport, Downtown Indianapolis, and the surrounding retail and employment corridors of Plainfield and Avon. The entitled pads provide flexibility for multifamily, townhome, senior living, office, medical office, and mixed-use commercial development, allowing buyers to pursue individual pad acquisitions or a portfolio purchase within an established and growing mixed-use environment.

Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
  • Listing ID: 42038115

  • Date on Market: 9/3/2026

  • Last Updated:

  • Address: 2907 S County Road 900, Plainfield, IN 46168

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