8758 State Road 9 Pendleton, IN 46064
This exceptional Pendleton, Indiana commercial property boasts 13,134 square feet across seven units situated on a 4.13-acre lot. The property includes a meticulously maintained 1916 farmhouse featuring exquisite woodwork, ideal for office space or tenant occupancy. Its strategic location offers unparalleled access to I-69 (Exit 219) and I-70 (Exit 104), with over 6,100 vehicles passing daily, ensuring high visibility. The property benefits from its position in a thriving community, centrally located to serve the commercial needs of Central Indiana, including Greenfield, Muncie, Anderson, and Indianapolis. Each of the seven units is connected to municipal utilities, providing a stable and reliable infrastructure. This multi-building, multi-tenant property presents a compelling investment opportunity for those seeking a steady cash flow and the potential for future expansion and value appreciation. The versatile nature of the buildings allows for a diverse range of tenants, maximizing income potential. This is a rare chance to acquire a well-established, high-traffic commercial property in a rapidly growing area. The property's combination of historical charm and modern functionality makes it a truly unique investment opportunity.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.