For Sale
$2,700,000

8015 Indiana 13Pendleton, IN 46064

20 Acres, Multi-Family Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • $2,700,000 asking price for 20 acres of residential land.
  • Located at 8015 S Indiana 13, Pendleton, IN 46064.
  • PUD zoning permits multi-family development.
  • $135,000 per acre land value.
  • Sale for leaseback.

Property Details for 8015 Indiana 13

Property type
Land
Lot Size (sq. ft)
871,200 SF

Location Insight

City
Pendleton
County
Madison
State
Indiana
Latitude
39.980613122366
Longitude
-85.843195355618
8015 Indiana 13, Pendleton, Indiana

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8015 Indiana 13
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