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    1742 Meridian St Anderson, IN 46016

    For Sale
    $250,000

    Commercial Land - Anderson, IN

    Lot size:
    1.68 Acres
    Days on Market:
    334
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 1742 Meridian St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I-1 & B-1
    APN
    481113103061000003
    Lot size
    1.68 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Real Estate Solutions (765) 640-1900 [email protected]

    Listing agent Jim Bittner (765) 640-1900 License #RB14043091

    Listing date Jan 6, 2025

    MLS# 21610900 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land at Meridian Street

    This commercial land is located at the northeast corner of 19th and Meridian in Anderson, Indiana. The property consists of two parcels. The north parcel, formerly a racing shop and gas station, is zoned I-1. The south parcel, previously a PayLess Supermarket, is zoned B-1. A natural gas well, which dried up over a century ago, is located on the south parcel. The Ascension/St Johns Medical Center campus is situated across the street to the southwest. The total lot size is 1.683 acres. The seller is open to dividing the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.67883
    Latitude
    40.09847

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    FAQs

    What type of property is this?
    Commercial land - Commercial land available at a corner location in Anderson, Indiana.
    Where is this commercial land located?
    The property is located at 1742 Meridian St Anderson, IN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime commercial corner location at 19th and Meridian.; - Zoned I-1 and B-1, offering diverse development possibilities.; - Seller will consider dividing the property.
    (765) 640-1900
    Request Owner's contact information
    1742 Meridian St Anderson, IN 46016
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    Anderson, IN 46016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1742 Meridian St Anderson, IN 46016
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