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    5330 Dr Martin Luther King Jr Blvd Anderson, IN 46013

    For Sale
    $925,000

    Unimproved Land - Anderson, IN

    Type:Unimproved Land
    Lot size:
    1.16 Acres
    Days on Market:
    73
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 5330 Dr Martin Luther King Jr Blvd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    Commercial
    APN
    481134100005001003
    Exterior features
    Corner Lot
    Lot size
    1.16 Acres

    Building Details

    Architectural style
    Other

    REMAX At The Crossing (317) 595-1900 [email protected]

    Listing agent Jim WOOD (317) 595-1900 License #RB14042019

    Listing date Sep 24, 2025

    MLS# 22002027 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

    This commercial parcel offers 1.161 acres of unimproved land. It is located at the southeastern corner of Dr. Martin Luther King Jr. Boulevard and 53rd Street Parkway in Anderson, Indiana. According to the listing details, the property is suitable for a drug store or small retail center. The main property was recently sub-divided into 8 separate parcels. Information and maps have not been updated to reflect the new configuration.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.715632552786
    Latitude
    40.060994094571

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    FAQs

    What type of property is this?
    Commercial land - 1.16 acre commercial parcel at Dr. MLK Blvd and 53rd.
    Where is this commercial land located?
    The property is located at 5330 Dr Martin Luther King Jr Blvd Anderson, IN.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - 1.16 acre commercial parcel.; - Located at the Southeastern corner of Dr. MLK Blvd. and 53rd St Parkway.; - Corner lot.
    (317) 595-1900
    Request Owner's contact information
    5330 Dr Martin Luther King Jr Blvd Anderson, IN 46013
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    Anderson, IN 46013
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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
    5330 Dr Martin Luther King Jr Blvd Anderson, IN 46013
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