800 800 Pendleton, IN 46064
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.
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.