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615 Scatterfield Rd Anderson, IN 46012

OFF-MARKET Neighborhood centers Google Maps
22,779 SF 1.73 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional retail strip center, located at 615 S Scatterfield Rd in Anderson, Indiana, offers 5,603 square feet of vacant space in a 22,779 square foot building. The property boasts a highly visible location at the northwest corner of S Scatterfield Rd and E 6th St, benefiting from strong traffic flow. Anchored by Caliber Collision, and featuring co-tenants such as Marco's Pizza and Highland Pure Water, this well-maintained center provides a stable and established environment for new businesses. The property underwent renovations in 2022 and includes ample on-site parking with over 100 spaces, ensuring convenient access for customers and employees. Situated on a 1.73-acre lot (75,200 square feet) in the heart of Anderson's business district, this retail center offers excellent visibility and landmark recognition within the community. The property's established presence and strong tenant mix create a compelling opportunity for businesses seeking a prime location in a thriving market. The available space is ideal for a variety of retail uses and presents a chance to establish or expand a business in a well-known and respected Anderson location. The property's convenient access and ample parking make it an attractive option for customers and employees alike. This is a rare opportunity to secure a prominent retail space in a high-traffic area of Anderson, Indiana. The zip code is 46012 and the property is located in Madison County.

Property profile

Verified
Property type Neighborhood centers
Total area 22,779 SF
Lot 1.73 ac (75,359 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Discount Store Party Supply Store
  • Auto Repair Shop

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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