Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    241 N Scatterfield Rd Anderson, IN 46012

    Pending
    For Sale
    $2,700,000

    Commercial Land - Anderson, IN

    Lot size:
    21.55 Acres
    Days on Market:
    206
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 241 N Scatterfield Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    B-3
    APN
    481207104063000003
    Lot size
    21.55 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 May 14, 2025

    MLS# 21610775 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 in Anderson, Indiana

    Four commercial parcels are available at Scatterfield Road and University Blvd in Anderson, Indiana. The parcels range in size from 1.56 acres to 8.88 acres. Prices range from $50,000 to $150,000 per acre, depending on location, and the parcels may be purchased separately. The zoning is B-3 (planned neighborhood shopping center). The two lots facing Scatterfield Rd are priced at $150,000 per acre; one is 2.99 acres and the other is 1.56 acres. The 8.12-acre lot facing University Blvd is priced at $100,000 per acre. The 8.88-acre parcel on the access road at the NW corner is priced at $50,000 per acre. An aerial photo showing the approximate lot configurations is available. Neighbors include CVS, Old National Bank, and Social Security. The seller is a developer and will consider a build-to-suit with a long-term NNN lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Carpenter Realtors Real Estate Agency Kevin Majeski | REALTOR Real Estate Agent Krista Reyes-Carpenter Realtor Real Estate Agent Becky Boles-Carpenter Realtors Real Estate Agent Reanna Southard Realtor Real Estate Agent

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -85.653336
    Latitude
    40.120777

    Nearby Similar for Sale

    • $1,850,000
      2,301 SF

      Equestrian Estate on 75+ Acres

      Equestrian property with barns, stalls, and a ranch-style home.
      432 W 500 N, Anderson, IN 46012
      View Details
    • $499,999
      2,775 SF

      Established Auto Shop For Sale

      Operating auto shop with equipment and real estate for sale.
      312 E 14Th St, Anderson, IN 46016
      View Details
    • $254,900
      0.15 Acres

      Renovated Anderson Quadruplex For Sale

      Four-unit building in central Anderson, generating $2,800 monthly income.
      1432 Ohio Ave, Anderson, IN 46016
      View Details
    • $899,900
      8,800 SF

      Retail and Residential Portfolio

      Retail, warehouse, and residential property near shops and interstate.
      1415 E 53Rd St, Anderson, IN 46013
      View Details
    • $199,900
      0.14 Acres

      Vintage Duplex in Anderson, IN

      Two-story duplex built in 1910 in Madison County, Indiana.
      1507 W 7Th St, Anderson, IN 46016
      View Details
    • $124,900
      775 SF

      Anderson Office Space For Sale

      Versatile commercial building near Scatterfield Rd & Anderson University!
      2207 Fowler St, Anderson, IN 46012
      View Details

    FAQs

    What type of property is this?
    Commercial land - Four commercial parcels available for purchase in Anderson, Indiana.
    Where is this commercial land located?
    The property is located at 241 N Scatterfield Rd Anderson, IN.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - Prime commercial location at the intersection of Scatterfield Road and University Blvd.; - Flexible purchase options: Four parcels available ranging from 1.56 to 8.88 acres, purchasable separately.; - Zoned B-3 (planned neighborhood shopping center), suitable for a variety of commercial uses.
    (765) 640-1900
    Request Owner's contact information
    241 N Scatterfield Rd Anderson, IN 46012
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    241 N Scatterfield Rd
    Anderson, IN 46012
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    241 N Scatterfield Rd Anderson, IN 46012
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.