905 S Scatterfield Road, Anderson, IN 46012
SINGLE_FAMILY - Anderson, IN
- Added:
- Jan 14, 2026
- Days on Market:
- 148
- Last Refresh:
- Jun 11 at 4:06 am
Property Features for 905 S Scatterfield Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- B-2
- Standard status
- Active
- APN
- 481207404058000003
- Lot size
- 0.65 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Se Se 0.6540Acres Str: 07198 Section: Plat: 21 In: Out:
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1979
- Floors in Building
- 1
- Roof type
- Asphalt
Listing agent Jim Bittner License #RB14043091 (765) 640-1900
Listing office RE/MAX Real Estate Solutions E. 53rd St 1312, IN (765) 640-1900
Listing date Jan 14, 2026
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2,433 SF commercial office building built in 1979 on the southwest corner of South Scatterfield Road and 9th Street
- Built as a bank branch; later used as a travel agency
- Interior features a large open office area, break room, 2 bathrooms, and a manager's office
- Asphalt parking lot with 20+ spaces and two curb cuts on 9th Street
- Heating: forced air (natural gas); cooling: central air; roof: asphalt
- For lease at $2,000 per month NNN
Overview
Located on the southwest corner of South Scatterfield Road and 9th Street in Anderson, Indiana, the site provides two curb cuts on 9th Street. The building has been used as a bank branch and later as a travel agency. Zoning is listed as B-2.
The existing layout supports a range of business uses, including general office and retail, and the property is also described as potentially suitable for restaurant and other business uses. With on-site parking and direct access via two curb cuts on 9th Street, the building can work well for tenants looking for an established commercial footprint on a prominent corner site.
Local Financial Insights For Specialty Retail
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 | $50.2k | $20.64 |
| − Vacancy | −$4.9k | −$2.00 |
| EGI | $45.3k | $18.64 |
| − OpEx | −$11.3k | −$4.66 |
| NOI | $34.0k | $13.98 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Anderson
- County
- Madison
- State
- Indiana
- Longitude
- -85.653469
- Latitude
- 40.106652
