State Road 67 - 8622 Pendleton Ave. 10.82 Acres of Industrial Land Offered at $1,800,000 in Pendleton, IN 46064

Positioned in the rapidly expanding community of Pendleton, this 10.82-acre light industrial property offers a rare opportunity for investors, developers, and owner-users seeking flexible zoning and long-term growth potential. The site provides ample room for expansion, outdoor storage, or phased development, making it well-suited for a variety of industrial, contractor, or mixed-use applications. The property includes a 1,783-square-foot residential structure and an additional outbuilding, both of which can be repurposed for office, storage, or operational use. With four total parcels comprising the site, there is added flexibility for future configuration, resale, or redevelopment strategies. Located in one of Central Indiana’s fastest-growing corridors, this property benefits from strong regional access, increasing demand, and continued economic expansion throughout Pendleton and the surrounding areas. This property is ideally suited for a range of investors, developers, and owner-users seeking flexible light industrial land with expansion potential in a growing market. Industrial Developer / Land Investor Developers looking to capitalize on Pendleton’s growth will find value in the 10.82-acre footprint and multi-parcel configuration, allowing for phased development, subdivision, or build-to-suit opportunities. The flexible zoning and available acreage support long-term appreciation and multiple exit strategies. Contractor Yard / Service-Based Business Owner Ideal for contractors, landscapers, excavation companies, or trade businesses needing outdoor storage, equipment staging, and office space. The existing home can be converted into administrative offices while the land supports fleet parking and material storage. Truck Terminal / Logistics Operator Well-suited for small to mid-size trucking companies or logistics users seeking land for trailer parking, dispatch operations, or a local hub. The site’s size and layout provide ample room for truck circulation, storage, and future improvements. Automotive / Equipment Sales (Car Lot or Heavy Equipment Dealer) Perfect for an auto sales operation, equipment dealer, or RV/boat sales lot, with sufficient frontage and land area for display, inventory storage, and customer access. Zoning flexibility enhances the feasibility of this use. Owner-User with Expansion Needs Businesses currently leasing space and looking to control their real estate can benefit from immediate usability combined with long-term expansion potential. The additional parcels allow room to grow without relocating. Value-Add Investor Investors seeking underutilized industrial land with multiple structures can reposition the property through improved site utilization, rezoning, or parcel separation to increase overall value.