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    5330 Dr Martin Luther King Jr Blvd Anderson, IN 46013

    For Sale
    $275,000

    Unimproved Land - Anderson, IN

    Type:Unimproved Land
    Lot size:
    1.31 Acres
    Days on Market:
    73
    Last Refresh:
    Dec 5 at 4:06 am

    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
    481134100005006003
    Lot size
    1.31 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# 22002020 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 Parcel in Anderson

    This commercial parcel offers 1.308 acres of unimproved land. The property is located behind 5330 Dr. MLK Blvd, with frontage and access on 53rd St Parkway. The main property was recently sub-divided into 8 separate parcels. Information reflects the new configuration, though tax records and maps have not yet been updated.
    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
    -85.714439754637
    Latitude
    40.060470344668

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    FAQs

    What type of property is this?
    Commercial land - 1.308 acre commercial parcel with frontage on 53rd St Parkway.
    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 $275,000.
    What are key features of this property?
    This property features: - 1.308 acre commercial parcel, ready for development.; - Located behind Dr. MLK Blvd.; - Frontage and access on 53rd St Parkway.
    (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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