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Property profile & analytics
OFF-MARKET
Land

8015 Indiana 13 Pendleton, IN 46064

20 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 20-acre residential land parcel in Pendleton, Indiana, is available for sale with a leaseback option. Priced at $2,700,000 ($135,000/acre), this property is zoned PUD and situated at 8015 S Indiana 13, zip code 46064, within Madison County. The land is part of a larger, 80-acre master-planned development, Meadowview Estates, projected to include over 1,000 single-family homes, a grocery and fuel center, additional retail spaces, and ample room for multi-family housing, retail outlets, and self-storage facilities. This presents a unique opportunity for investors seeking to capitalize on the expanding residential market in a thriving community. The strategic location and planned amenities of Meadowview Estates offer significant potential for long-term growth and return on investment. The property's PUD zoning allows for flexibility in development plans, catering to a variety of residential and commercial uses. This prime location offers a blend of convenience and modern living, making it an attractive prospect for developers and buyers alike. Detailed development plans for Meadowview Estates are available upon request. This is a rare opportunity to acquire a substantial land parcel in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 20 ac (871,200 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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