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    1315 18Th St Anderson, IN 46016

    For Sale
    $950,000

    Rare 30,000+ SF industrial building.

    Property size:
    30,542 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 30,542-square-foot industrial property, located at 1315 W 18th St, Anderson, IN 46016, presents a compelling redevelopment opportunity. Situated on a generous 3.05-acre lot, this vacant, fee-simple property offers significant potential for value-add investors and end-users alike. The building boasts a versatile layout suitable for manufacturing, R&D, or warehousing, featuring two dock-high doors and impressive ceiling heights ranging from 13 to 26 feet. The existing structure includes approximately 2,995 square feet of office space. The property is zoned I-1 and benefits from ample outdoor storage space, making it ideal for businesses requiring both indoor and outdoor operational areas. With five overhead doors (9-16 feet high) and 440v 3-phase power, this property is well-equipped for a variety of industrial uses. The asking price is $950,000, translating to $31.10 per square foot. This represents a unique chance to acquire a substantial industrial asset in a prime Anderson location. Don't miss this chance to capitalize on the potential of this versatile and well-located property.

    Property Features for 1315 18Th St

    General Information

    Property type
    Life science properties
    Square Feet
    30,542 SF
    Class
    C
    Lot Size
    132,858 SF

    Building Details

    Buildings
    1
    Units
    1

    HighLights

    • Approx. 30,542 SF building with 2,995 SF of office space.
    • Five (5) overhead doors ranging from 9' to 16' high.
    • Two (2) loading docks.
    • Clear ceiling heights from 13' to 26'.
    • Excellent redevelopment opportunity for investors and end‑users.
    • Suitable for automotive, industrial, or warehousing uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Best Weld Welder KCG Green Energy Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.6955676
    Latitude
    40.097742

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    FAQs

    What type of property is this?
    Life science property - Rare 30,000+ SF industrial building.
    Where is this life science property located?
    The property is located at 1315 18Th St Anderson, IN.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Approx. 30,542 SF building with 2,995 SF of office space.; Five (5) overhead doors ranging from 9' to 16' high.; Two (2) loading docks.
    Request Owner's contact information
    1315 18Th St Anderson, IN 46016
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    Anderson, IN 46016
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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
    1315 18Th St Anderson, IN 46016
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