6972 S 300 W
Land | 50.73 acres
Marketing description
SVN | Northern Commercial is pleased to present this 50.73-acre development opportunity, comprised of three separate parcels, located at 6972 S 300 W in Pendleton, Indiana, within Madison County. The site is zoned A-1: Agricultural and SF-1: Single Family Residential – Large Lot (Parcel 3). The Mixed Residential designation supports a broad range of housing product types, from single-family homes and townhomes to multifamily development, while also permitting select neighborhood-serving commercial, medical, and community uses.
Located within one of Indiana's most active growth corridors, the site benefits from excellent regional connectivity to Indianapolis, Anderson, Fishers, Noblesville, and the broader Central Indiana market. Convenient access to I-69, SR 38, and SR 67 provides strong connectivity throughout the region, while Downtown Pendleton and an expanding mix of retail, dining, and service amenities are just minutes away.
Its combination of scale, accessibility, flexible development potential, and proximity to major employment centers positions the site as a compelling development opportunity within the rapidly growing northeast Indianapolis metropolitan area.
Investment highlights
- 2,350-acre Pendleton I-69 Interchange Master Plan guiding future growth
- Planned Advanced Manufacturing & Technology District focused on attracting high-paying jobs
- 555–987 multifamily units projected to be absorbed over the next 15 years according to the Pendleton Interchange Master Plan
- Proposed roadway, utility, trail, and infrastructure improvements throughout the interchange corridor
- 264-acre planned expansion area for Pendleton Business Park
- ~130,000 residents located in Madison County
- Direct access via I-69 to Indianapolis, Fishers, Noblesville, and Fort Wayne
- $3.5 billion in new capital investment and 9,500 new jobs created over the past 15 years throughout Madison County
- Access to regional workforce from Hamilton, Hancock, Delaware, and Marion Counties
- 186 new housing permits issued in 2024 across Madison County, following 1,176 total permits issued from 2020–2024
- $110 million Saica Group manufacturing facility under construction in Anderson, projected to create 100+ jobs
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