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    5422 State Road 9 Anderson, IN 46012

    For Sale
    $79,900

    Prime .937 acre lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial lot, located at 5422 N State Road 9 Lot B in Anderson, Indiana, presents a unique investment opportunity. Boasting approximately 0.937 acres of flat, usable land, this property benefits from its high-traffic location and excellent visibility, making it ideal for a variety of commercial ventures. The lot's convenient location ensures easy access for customers and employees alike. While utility hookups are anticipated to be readily available nearby, potential buyers should conduct their own due diligence to confirm. It's important to note that this listing specifically refers to Lot B. A separate, adjacent lot (Lot A) is available for purchase separately and is listed under the same address. This property is priced at $79,900 and offers significant potential for development in a thriving commercial area. The address is 5422 N State Road 9, Anderson, IN 46012. Serious inquiries are encouraged.

    Property Features for 5422 State Road 9

    General Information

    Property type
    Land

    HighLights

    • $79,900 asking price.
    • .937‑acre commercial lot in Anderson, IN.
    • High traffic area with good visibility.
    • Flat terrain.
    • Utilities readily accessible.
    • Adjacent lot (Lot A) available separately.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Department Store Kitchen & Bath Food Market Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.668947
    Latitude
    40.1849871

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    FAQs

    What type of property is this?
    Land - Prime .937 acre lot, high visibility.
    Where is this land located?
    The property is located at 5422 State Road 9 Anderson, IN.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: $79,900 asking price.; .937-acre commercial lot in Anderson, IN.; High traffic area with good visibility.
    Request Owner's contact information
    5422 State Road 9 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
    5422 State Road 9 Anderson, IN 46012
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