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Commercial Corner Land
For Sale
$250,000

1742 Meridian Street, Anderson, IN 46016

Two parcels carry separate I-1 and B-1 zoning, with a medical campus situated across the street.

Property SizeContact for details
Days on Market2875

Property Features for 1742 Meridian Street

General Information

Standard status Active
Property subtype Commercial Lots & Land
Listing Agency: Batts Real Estate Group
Listed By: Lisa Batts
Source: Battsrealestategroup
Added: Dec 10, 2018 Changed: Oct 22 Last Checked: Oct 23 at 9:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Batts Real Estate Group

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Investment Insights

Based on property information with market context.

The commercial land comprises north and south parcels at the northeast corner of 19th Street and Meridian Street. The north parcel is zoned I-1, while the south parcel is zoned B-1. The south parcel also contained a natural gas well that ceased producing more than a century ago.

Ascension St. Johns Medical Center campus is across the street to the southwest. The seller will consider a division of the property.

Key Highlights

  • Northeast corner of 19th Street and Meridian Street
  • North parcel is zoned I‑1; south parcel is zoned B‑1
  • Ascension St. Johns Medical Center campus lies across the street to the southwest

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Storage Facility Spa & Massage Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,117
Businesses Nearby

Demographics for 46016, IN

17,686
Population
9,225
Households
1.9
Avg Household Size
36
Median Age
10%
College-Educated
80%
High-School Grad
6.4 sq mi
ZIP Area
2,763
Density / Sq Mi
$35,543
Median Household Income
$28,753
Median Earnings
$864
Median Rent
$66,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Two parcels carry separate I-1 and B-1 zoning, with a medical campus situated across the street.
Where is this commercial land located?
The property is located at 1742 Meridian Street Anderson, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Northeast corner of 19th Street and Meridian Street; North parcel is zoned I‑1; south parcel is zoned B‑1; Ascension St. Johns Medical Center campus lies across the street to the southwest
More about this property
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