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    700 West St Pendleton, IN 46064

    For Sale
    $4,440,000

    Prime development land near I-69.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 73.81-acre property presents a remarkable opportunity for industrial or agricultural development in the thriving Madison County, Indiana. Strategically located at 0 West 700 South, Pendleton, IN 46064, this expansive parcel boasts convenient access to Interstate 69 via State Road 13, ensuring seamless connectivity to Indianapolis and beyond. The land itself is characterized by a flat topography, facilitating ease of development and access. Utilities are readily available in close proximity to the site, minimizing infrastructure challenges. This location within rapidly growing Madison County offers significant potential for substantial returns on investment. The asking price for this prime development ground is $4,440,000. The property's classification encompasses both agricultural and industrial uses, providing flexibility for a diverse range of development projects. Its size and location make it an ideal candidate for large-scale industrial projects or substantial agricultural ventures. The property's flat terrain and convenient access points contribute to its overall appeal and development potential. Don't miss this chance to acquire a significant piece of land in a high-growth area.

    Property Features for 700 West St

    General Information

    Property type
    Farms
    Lot Size
    3,215,164 SF

    HighLights

    • ± 74 acres of prime development land in Pendleton, IN.
    • Excellent opportunity for industrial or agricultural development.
    • Easy I‑69 access via State Road 13.
    • Utilities readily available.
    • Flat topography with excellent access.
    • Located in rapidly growing Madison County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Auto Repair Shop Pharmacy Convenience Store Travel Agency Arcade & Gaming Center Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pendleton
    County
    Madison
    State
    Indiana
    Longitude
    -85.6977004
    Latitude
    40.0040272

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    FAQs

    What type of property is this?
    Farm - Prime development land near I-69.
    Where is this farm located?
    The property is located at 700 West St Pendleton, IN.
    What is the asking price?
    The asking price for this property is $4,440,000.
    What are key features of this property?
    This property features: ± 74 acres of prime development land in Pendleton, IN.; Excellent opportunity for industrial or agricultural development.; Easy I-69 access via State Road 13.
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    700 West St Pendleton, IN 46064
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    700 West St Pendleton, IN 46064
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