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Property profile & analytics
OFF-MARKET
Specialty properties

7848 Pendleton Pike Lawrence, IN 46226

10,000 SF 2.08 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Total area 10,000 SF
Lot 2.08 ac (90,518 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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