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    1604-1638 S Scatterfield Rd Anderson, IN 46012

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    For Lease
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    Retail opportunity in a 335,000-SF power center.

    Property size:
    3,214 SF
    Lot size:
    5.48 Acres

    Property Features for 1604-1638 S Scatterfield Rd

    General Information

    Size
    3,214 SF
    Lot size
    5.48 Acres

    Source: Sandor/Sand Capital - Corporate Agent Tim Lee

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Anderson Center

    This retail property is located within a 335,000-SF power center situated in the central retail corridor of Anderson, Indiana. Anchored by Roses Department Store, Dunham’s Sports, and Ollie’s, the center offers various retail opportunities. On-site restaurants include a newly-renovated McDonald’s, Mancino’s, Anderson Grill, Rally’s, and China House. Outlots are available for ground lease. The location is approximately 5 minutes from Anderson University. The property benefits from a daily traffic count of 22,411 vehicles on Scatterfield Road. Anderson is described as a community on the rise, located northeast of Indianapolis.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    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
    -85.6516036
    Latitude
    40.1003473

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    FAQs

    What type of property is this?
    Strip mall - Retail opportunity in a 335,000-SF power center.
    Where is this strip mall located?
    The property is located at 1604-1638 S Scatterfield Rd Anderson, IN.
    What are key features of this property?
    This property features: - 335,000-sf power center in Anderson's main retail corridor; - Anchored by Roses Department Store, Dunham’s Sports, and Ollie’s; - High daily traffic count: 22,411 on Scatterfield Road
    (877) 925-9011
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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
    1604-1638 S Scatterfield Rd Anderson, IN 46012
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