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    Rangeline Rd Anderson, IN 46012

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    For Sale
    Contact for pricing

    40.5 acres of residential land suitable for multifamily development.

    Lot size:
    40.52 Acres

    Property Features for Rangeline Rd

    General Information

    Lot size
    40.52 Acres

    Source: Bradley Company - Corporate Agent Sam Karozos

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

    Overview

    Residential Land Multifamily Development Potential

    This property consists of approximately 40.5 acres of residential land. It is suitable for multifamily development and is adjacent to existing multifamily properties. The site is an ideal size and shape for development, and utilities are available at the site.
    Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.633531
    Latitude
    40.115718

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    FAQs

    What type of property is this?
    Land - 40.5 acres of residential land suitable for multifamily development.
    Where is this land located?
    The property is located at Rangeline Rd Anderson, IN.
    What are key features of this property?
    This property features: - +/-40.5 acres of residential land; - Multifamily development supported; - Utilities at site
    (317) 371-0128
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    Rangeline Rd Anderson, IN 46012
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    Anderson, IN 46012
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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
    Rangeline Rd Anderson, IN 46012
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