3401 Us-36 Pendleton, IN 46064
Two exceptional commercial land parcels are available for sale together, ideally situated along the high-traffic US-36 corridor in Pendleton, Indiana. This prime location offers unparalleled visibility and convenience, connecting directly to I-69 and providing easy access to the Indianapolis metropolitan area, just 25 miles away. The property consists of two lots totaling approximately 2.23 acres. Lot 1, a 1-acre corner lot at the intersection of US-36 and IN-38, provides exceptional exposure. Lot 2, situated directly on US-36, encompasses 1.23 acres and offers significant frontage. This combined offering presents a remarkable opportunity for businesses or investors seeking a strategic location within Pendleton's thriving commercial sector. Pendleton's economy is experiencing robust growth, fueled by new residential and commercial developments, making this an ideal investment in a dynamic and expanding community. The property is zoned for commercial use, allowing for a wide range of development possibilities. This is a rare chance to acquire a significant commercial land holding in a rapidly developing area with excellent access to major transportation routes. Contact for pricing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.