Property summary
This exceptional redevelopment opportunity encompasses three prime commercial lots totaling 4.37 acres in Pendleton, Indiana. Strategically located at the intersection of Interstate 69 and West State Road 38, this property boasts unparalleled visibility and accessibility, with over 63,000 vehicles daily passing I-69 and over 11,000 on State Road 38. The lots are zoned GB (General Business District), allowing for a variety of commercial uses, including creative office space, pharmacy/drug… stores, and shopping centers. All utilities are available on-site. The property benefits from recent significant infrastructure improvements, with the town of Pendleton investing $2.8 million in upgrades along State Road 38. This creates a newly improved corridor, enhancing the attractiveness and value of the property. Future development plans include a hotel on an adjacent lot (Lot Four) in 2025, and another hotel on Lot Five in the near future, further enhancing the area's commercial appeal. The asking price for the entire 4.37-acre parcel is $2,100,000. Individual lot pricing is available upon request. This is a rare chance to acquire high-value commercial land in a rapidly growing area with excellent visibility and access to major transportation arteries. The property is classified as Class A and presents a strong investment opportunity for retail and office development.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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