37 Acre Development

Vacant Land for Sale
Catylist Listing ID: 29998094
Property Subtypes: Industrial
Gross Land Area: 37 Acres
Sale Price: $27,500 Per Acre
Total Price: $1,017,500
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 12/21/2017

Overview / Comments

This 37 acre developement site has frontage on 2 highways in
Pendleton. Site has direct access to a new roundabout on the
south west corner and is walkable to a Marsh-anchored shopping
center.

+ 37 acres - mixed use zoning
- 17+ AC zoned residential (6-8 units/acre)
- 19+ AC zoned planned business retail
+ Bank owned
+ Sale Price: $27,500/Acre
+Option to subdivide in below areas for $200,000/acre
- Northeast corner of SR 38 & CR 300 W.
- Southeast corner of SR 36 & CR 300 W

Attachments & Media

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Madison
Tax ID/APN: 48-05-15-300-137.000-024

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 10,102 24,769
Median Age: 36.76 36.8
Households: 2,557 7,842
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