7848 Pendleton Pike Lawrence, IN 46226
Pike Plaza, located at 7848 Pendleton Pike in Lawrence, Indiana, presents a unique investment opportunity. This Class A, 10,000 square foot retail and industrial center sits on 2.078 acres of land and features 20 suites, with a minimum divisible space of 150 square feet and options up to 5,000 square feet. The property boasts 48 parking spaces and underwent renovations in 2024. Currently, a portion of the building is being converted into salon and spa loft spaces, offering a turnkey solution for beauty professionals. An additional 2,000 square feet is available for a laundromat or similar use, providing flexibility for diverse business needs. The property is zoned C4 and its convenient location in the Lawrence submarket, near I-465 and U.S. 36, ensures high visibility and accessibility. The APN is 49-07-13-105-008.000-407. This is a rare chance to establish or expand your business in a thriving area with ample space and modern amenities. Don't miss this opportunity to secure your space in this dynamic commercial center.
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
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.