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7440-7444 Pendleton Pike - Hard Corner Development Site - 0.77 Acres 0.05 Acres of Commercial Land Offered at $700,000 in Indianapolis, IN 46226
Investment Highlights
- Direct frontage on Pendleton Pike (30,000 VPD) with immediate I-465 access.
- High-exposure location serving 222,000+ residents within a 5-mile radius.
- Flexible commercial zoning ideal for QSR, gas station, car wash, or retail.
Executive Summary
Investment Highlights
•Direct frontage to Pendleton Pike (30,000 VPD), primary retail corridor in the area.
•Immediate Value Add Opportunity on Desirable Hard Corner
•Commercial zoning allows for a variety of uses, ideal for QSR, Gas Station, Car Wash, or other retail development.
•Located directly off I-465 exit ramp.
•Across the freeway from Menard’s, the dominant home improvement retailer for the region
Location Highlights
•High traffic volume from Pendleton Pike and immediate proximity to I-465.
•30,000 VPD on Pendleton Pike (main thoroughfare)
•I-465 averages 162,000+ vehicles per day (VPD) during peak times (Source: INDOT traffic data)
•Densely populated submarket with a population of 222,000+ in the 5-mile radius
•Direct frontage to Pendleton Pike (30,000 VPD), primary retail corridor in the area.
•Immediate Value Add Opportunity on Desirable Hard Corner
•Commercial zoning allows for a variety of uses, ideal for QSR, Gas Station, Car Wash, or other retail development.
•Located directly off I-465 exit ramp.
•Across the freeway from Menard’s, the dominant home improvement retailer for the region
Location Highlights
•High traffic volume from Pendleton Pike and immediate proximity to I-465.
•30,000 VPD on Pendleton Pike (main thoroughfare)
•I-465 averages 162,000+ vehicles per day (VPD) during peak times (Source: INDOT traffic data)
•Densely populated submarket with a population of 222,000+ in the 5-mile radius
Property Facts
1 Lot Available
Lot
| Price | $700,000 | Lot Size | 0.05 AC |
| Price Per AC | $14,000,000.00 |
| Price | $700,000 |
| Price Per AC | $14,000,000.00 |
| Lot Size | 0.05 AC |
•Rare Hard Corner Opportunity with C4 Commercial Zoning •Irreplaceable Real Estate, Prime I-465 Frontage •+30K Vehicles Per Day •Land Size: ± 0.77 Acres
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $309,100 | |
| Land Assessment | $36,200 | Total Assessment | $345,300 |
Property Taxes
Parcel Numbers
Land Assessment
$36,200
Improvements Assessment
$309,100
Total Assessment
$345,300
Contacts
-
Marc Merchant -
Matt Kramer -
Joshua Berger -
Ali Ultra -
Century Partners Real Estate Inc.
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7440-7444 Pendleton Pike - Hard Corner Development Site - 0.77 Acres
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