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    32Nd St Anderson, IN 46012

    Sponsored
    For Sale
    $2,052,720

    28.51 Acres, I-69 Proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 28.51-acre commercial land parcel presents a remarkable retail development opportunity in Anderson, Indiana. Ideally situated near the intersection of East 32nd Street and Scatterfield Road, this flat, build-ready site boasts convenient access to Interstate 69 (41,000 vehicles per day) via Scatterfield Road (27,000 vehicles per day). Zoned B-4 (Community Shopping Center District), the property offers utilities at or near the site and benefits from a signalized intersection, ensuring high visibility and accessibility. Its location along Anderson's main thoroughfare and retail corridor places it amongst numerous national, regional, and local retailers, creating a strong foundation for significant commercial growth. The property's APN is 48-12-19-401-004.000-003. The asking price is $2,052,720. This prime location and zoning make this an unparalleled investment opportunity for developers seeking to capitalize on Anderson's thriving retail market. The property's flat topography simplifies development, minimizing site preparation costs. This is a rare opportunity to acquire a large, well-located parcel ready for immediate development.

    Property Features for 0 32Nd St

    General Information

    Property type
    Land
    Lot Size
    1,241,896 SF

    HighLights

    • ± 28.5 acres of retail development land in Anderson, IN.
    • Two miles to I‑69 (41,000 VPD) via Scatterfield Road (27,000 VPD).
    • B‑4 (Community Shopping Center District) zoning.
    • Flat topography.
    • Utilities available at or near the site.
    • Signalized intersection at 32nd Street and Scatterfield Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.6332093
    Latitude
    40.1552316

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    FAQs

    What type of property is this?
    Land - 28.51 Acres, I-69 Proximity
    Where is this land located?
    The property is located at 32Nd St Anderson, IN.
    What is the asking price?
    The asking price for this property is $2,052,720.
    What are key features of this property?
    This property features: ± 28.5 acres of retail development land in Anderson, IN.; Two miles to I-69 (41,000 VPD) via Scatterfield Road (27,000 VPD).; B-4 (Community Shopping Center District) zoning.
    Request Owner's contact information
    32Nd St 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
    32Nd St Anderson, IN 46012
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