8015 Indiana 13 Pendleton, IN 46064
- Land
- 20.00 lot acres
Current Use by Public Records
- Land
Property Details for 8015 Indiana 13
- Lot size
- 20.00 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pendleton
- County
- Madison
- State
- Indiana
- Longitude
- -85.8432
- Latitude
- 39.9806
