Property profile

8758 State Road 9 Pendleton, IN 46064

OFF-MARKET
Mixed-use properties
13,134 SF 4.13 ac lot Built 1916
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties
Year built 1916
Total area 13,134 SF
Lot 4.13 ac (179,903 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8758 State Road 9 Pendleton, IN 46064
Pendleton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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