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Property profile & analytics
OFF-MARKET
Land

800 800 Pendleton, IN 46064

181.39 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 181.39-acre property presents a unique investment opportunity in Pendleton, Indiana. Located within Pendleton's Industrial Corridor, this expansive land parcel is zoned AG and offers significant potential for diverse development. The site boasts a flat topography and is characterized by dry conditions, ensuring ease of construction. Convenient access is provided, and all utilities, including municipal sewer, are readily available on-site with sufficient capacity to support substantial development. The property's location adjacent to Tractor Supply underscores its position within a rapidly growing area. This makes it particularly attractive for mixed-use projects, encompassing retail, multifamily, and low-impact industrial developments. The county jurisdiction simplifies the process of voluntary annexation, streamlining the development timeline. Priced at $60,000 per acre, this represents a compelling opportunity to capitalize on the burgeoning growth in Pendleton's Industrial Corridor. The total asking price for this significant land holding is $10,860,000. This property is situated at 0 W 800 S, Pendleton, IN 46064, in Madison County.

Property profile
Verified
Property type Land
Lot 181.39 ac (7,901,348 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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