Commercial Office and Industrial
5422 State Road 9 Anderson, IN 46012
5422 State Road 9, Anderson, IN, 46012
$1,300,000
Pending
For Sale
$1,300,000
Pending
Flex-style property with a main office, unfinished upper expansion space, and a large attached garage with six overhead doors.
Property Size5,500 SF
Lot Size13.00 Acres
Days on Market117
Property Features for 5422 State Road 9
General Information
- Standard status
- Pending
- Size
- 5,500 SF
- Lot size
- 13.00 Acres
Listing agency
Mossy Oak Properties
(317) 418-7712
Listed by
Chad Renbarger
(317) 418-7712
Source
Exprealty
Added: Mar 27 Updated: Jul 20 at 2:57AM Checked: Jul 20 at 2:57AM
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 Mossy Oak Properties
Investment Insights
Based on property information with market context.
This commercial flex-style property includes a main office level and additional expansion space, along with an attached garage/work area designed for operational use. The main level features multiple private offices, a dedicated conference room, a full kitchen/break area, and a spacious open area suited for reception and day-to-day work. Above, two unfinished upper-level areas totaling about 3,920 square feet each provide flexible buildout opportunities. The attached garage and work area totals about 4,125 square feet and includes six (6) large overhead doors.
The property is situated on 13+/- acres along State Road 9 in Anderson, Indiana (Madison County). Outdoor features include 3.5+/- acres of fenced rear yard with lighting, a large front parking lot, and secured rear parking.
The combination of office improvements, unfinished upper-level space, and overhead-door garage configuration supports a range of office-and-operations layouts for a single organization.
The property is situated on 13+/- acres along State Road 9 in Anderson, Indiana (Madison County). Outdoor features include 3.5+/- acres of fenced rear yard with lighting, a large front parking lot, and secured rear parking.
The combination of office improvements, unfinished upper-level space, and overhead-door garage configuration supports a range of office-and-operations layouts for a single organization.
Key Highlights
- More than 13+/- acres along State Road 9 in Anderson, IN (Madison County) with commercial/industrial zoning
- Main office level offers 5,500+ SF with multiple private offices, a conference room, kitchen/break area, and open work area
- Unfinished upper level includes two spaces of about 1,960 SF each (3,920 SF total) for future buildout
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.9k | $19.44 |
| − Vacancy | −$10.4k | −$1.89 |
| EGI | $96.5k | $17.55 |
| − OpEx | −$24.1k | −$4.39 |
| NOI | $72.4k | $13.17 |
5,500 SF · lease $19.44/SF/yr · vacancy 9.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.03M
$905.2K – $1.21M
NOI $72,412 @ 7.0% cap · market cap 5.57%
Second Best
Warehouse
$394.2K
$344.9K – $459.9K
NOI $27,594 @ 7.0% cap · market cap 2.12%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,738 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex-style property with a main office, unfinished upper expansion space, and a large attached garage with six overhead doors.
Where is this flex space located?
The property is located at 5422 State Road 9 Anderson, IN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: More than 13+/- acres along State Road 9 in Anderson, IN (Madison County) with commercial/industrial zoning; Main office level offers 5,500+ SF with multiple private offices, a conference room, kitchen/break area, and open work area; Unfinished upper level includes two spaces of about 1,960 SF each (3,920 SF total) for future buildout
