Commercial Land Parcel with Corner
For Sale
$1,800,000
I 69 State Road 38, Pendleton, IN 46064
Land, Pendleton, IN
Property SizeContact for details
Lot Size10.11 Acres
Days on Market1912
Property Features for I 69 State Road 38
General Information
Property type
Land
Property subtype
Other
Zoning
Agri
Subdivision
No Subdivision
Elementary school district
South Madison Com Sch Corp
Middle school district
South Madison Com Sch Corp
High school district
South Madison Com Sch Corp
Directions
WEST OF I-69 ON EXIT STATE ROAD 38 PENDLETON EXIT. LAND ON THE SOUTH SIDE OF ST.RD. 38 SOUTHWEST CORNER
Standard status
Active
APN
481418400013000013
Lot size
10.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
SW SE 10.1140ACRES STR 18187 SECTION: PLAT: IN OUT: SW SE 18-18-7 00010.40A
Legal Description
SW SE 10.1140ACRES STR 18187 SECTION: PLAT: IN OUT: SW SE 18-18-7 00010.40A
Utilities
Utilities
Natural Gas Available
Listing Agency:
RE/MAX Real Estate Solutions · RE/MAX International
(765) 640-1900
Listed By:
Sonya Pickett · License #RB14045648
(765) 640-1900
Added: May 27, 2021
Changed: Aug 19
Last Checked: Aug 20 at 2:06PM
MLS# 21788167
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land offering totals 10.114 acres and includes an updated survey. The seller is seeking a sale in the approximate 8- to 10-acre range, and the specific acreage can be negotiated, including pricing on a per-acre basis. Zoning is listed as Agri, and buyers should review how the zoning aligns with their intended commercial building plans.
The property is positioned on the corner of a roundabout on State Road 38, off the I-69 exit in the southwest corner area, and is located before Corporation Dr. In the seller’s remarks, the site benefits from a very high traffic count for the Pendleton high-end area.
For buyers and developers looking for a corner-access land parcel with negotiable acreage, this site offers a straightforward option on a visible, hard-to-miss location along SR 38. Given the Agri zoning designation, it is best suited for parties prepared to confirm permitted uses and development requirements before moving forward with a commercial building plan.
The property is positioned on the corner of a roundabout on State Road 38, off the I-69 exit in the southwest corner area, and is located before Corporation Dr. In the seller’s remarks, the site benefits from a very high traffic count for the Pendleton high-end area.
For buyers and developers looking for a corner-access land parcel with negotiable acreage, this site offers a straightforward option on a visible, hard-to-miss location along SR 38. Given the Agri zoning designation, it is best suited for parties prepared to confirm permitted uses and development requirements before moving forward with a commercial building plan.
Key Highlights
- Land on the corner of the roundabout on St. Rd. 38 off the I‑69 exit, southwest corner (before Corporation Dr.)
- Natural gas available
- Updated survey available
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
98
Businesses Nearby
Explore this area
Business Placement
Demographics for 46064, IN
16,908
Population
6,158
Households
2.7
Avg Household Size
39
Median Age
32%
College-Educated
92%
High-School Grad
66.8 sq mi
ZIP Area
253
Density / Sq Mi
$92,012
Median Household Income
$50,947
Median Earnings
$1,121
Median Rent
$256,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Zoned Agri and located at a roundabout corner off SR 38 near I-69, offering flexible acreage for development.
Where is this commercial land located?
The property is located at I 69 State Road 38 Pendleton, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Land on the corner of the roundabout on St. Rd. 38 off the I‑69 exit, southwest corner (before Corporation Dr.); Natural gas available; Updated survey available
