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    7201 Pendleton Pike Indianapolis, IN 46226

    • Grocery and convenience stores
    • 828 SF
    • 12.29 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US31-1006393
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bank of America ATM (Drive-thru) / Atm / Financial Consultant
    • James H. Taber, RPh / Pharmacy
    • Roses Flooring and Furniture / Furniture Store
    • maxway / Department Store

    Property Details for 7201 Pendleton Pike

    Year built
    2001
    Construction
    TYPE NOT SPECIFIED
    Lot size
    12.29 lot acres
    Property size
    828 SF
    Property type
    Grocery and convenience stores
    APN
    49-07-13-106-005.000-401
    APU
    490713106005000401

    Description

    Pendleton Plaza, located at 7201 Pendleton Pike in Indianapolis, Indiana, offers exceptional retail opportunities. This multi-tenant property boasts a total of 134,797 square feet, with 48,977 square feet currently vacant. Six spaces are immediately available, ranging from a minimum of 2,400 square feet to a maximum contiguous space of 22,537 square feet. The property is zoned C4 and SU1, providing flexibility for a variety of retail uses. Ample parking is available with a 950-space lot, offering a 7:1 ratio. Pendleton Plaza enjoys a highly desirable location with convenient access to major thoroughfares including I-465, I-70, and I-69, as well as the Shadeland Avenue industrial corridor. This strategic location ensures high visibility and accessibility for businesses. A significant anchor tenant, O'Reilly Auto Parts, will soon occupy a 30,049 square foot space, further enhancing the property's appeal and drawing significant traffic. The property is situated in Marion County, Indiana, with a zip code of 46226. This presents a unique chance to establish a presence in a thriving retail area with strong infrastructure and high traffic volume. Contact us today to learn more about the available spaces and leasing options.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0418
    Latitude
    39.8277
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,126
    $840,400
    $1,073,900
    $1,914,300
    -
    $840,400
    $1,073,900
    $1,914,300

    Comparable in this City

    • Value Estimation by Request
      14,860 SF

      6845 Massachusetts Ave

      GROCERY, SUPERMARKET • 14,860 SF
      6845 Massachusetts Ave, Indianapolis, IN 46226-5651
      View Details
    • Value Estimation by Request
      4,857 SF

      7020 Pendleton Pike

      CONVENIENCE STORE • 4,857 SF
      7020 Pendleton Pike, Indianapolis, IN 46226-5128
      View Details
    • Value Estimation
      $500,000
      56,137 SF

      8939 38th St

      GROCERY, SUPERMARKET • 56,137 SF
      8939 38th St, Indianapolis, IN 46226-6032
      View Details
    • Value Estimation by Request
      6,160 SF

      6990 Pendleton Pike

      CONVENIENCE STORE • 6,160 SF
      6990 Pendleton Pike, Indianapolis, IN 46226-5656
      View Details
    • Value Estimation
      $305,000
      2,370 SF

      7013 56th St

      CONVENIENCE STORE (W/FUEL PUMP) • 2,370 SF
      7013 56th St, Indianapolis, IN 46226-1301
      View Details
    • Value Estimation
      $320,000
      2,950 SF

      4977 Franklin Rd

      CONVENIENCE STORE • 2,950 SF
      4977 Franklin Rd, Indianapolis, IN 46226-2047
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Freestanding Retail Building on Pendleton

      Freestanding retail building with ample parking and storage space.
      7250 Pendleton Pike, Indianapolis, IN 46226
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    • $943,857
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      Pizza Hut Net Lease Investment

      High-yield Pizza Hut, Indianapolis, IN
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    • $950,000
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      Retail Investment Opportunity: 8,481 SF
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    • $1,200,000
      2.41 Acres

      High-Traffic Retail Land, Indy

      Prime 2.41-acre development site. High visibility, heavy traffic.
      3815 Shadeland Ave, Indianapolis, IN 46226
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    • $943,857
      4,000 SF

      Pizza Hut Investment Opportunity

      NNN leased Pizza Hut with franchisee guarantee for sale.
      4537 N Shadeland Ave, Indianapolis, IN 46226
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    • $725,000
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      Freestanding Retail Property For Sale

      Freestanding retail property available for purchase.
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    Similar Nearby for Lease

    • $20 SF/Yr
      2,250 SF

      Retail Space on South Emerson

      Retail property for lease in Indianapolis with high visibility.
      4830-4856 S Emerson Ave, Indianapolis, IN 46226
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      3,000 SF

      Retail Space on S. Emerson

      Retail space with frontage on S. Emerson Avenue.
      5135 S Emerson Ave, Indianapolis, IN 46226
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    • $1,207 /Mo
      805 SF

      Indianapolis Retail Space For Lease

      Retail space with high visibility and flexible layout.
      4770 S Emerson Ave, Indianapolis, IN 46226
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    • Contact for pricing
      18,323 SF

      Retail Space Sublease Opportunity

      Sublease opportunity near I-465 and 38th Street interchange.
      6965 W 38Th St, Indianapolis, IN 46226
      View Details
    • $28 SF/Yr
      6,000 SF

      Retail Space in Shopping Center

      Retail space for lease in neighborhood shopping center.
      6970 Pendleton Pike, Indianapolis, IN 46226
      View Details
    • Contact for pricing
      134,797 SF

      Pendleton Plaza Retail Outlots

      Indianapolis Retail Space: 6 Units Available
      7201 Pendleton Pike, Indianapolis, IN 46226
      View Details
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    Indianapolis, IN 46226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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