3632 Scatterfield RdAnderson, IN 46013

  • Retail properties
  • 25,547 SF
For Lease
$7.65/SF/YR View listing

Property Details for 3632 Scatterfield Rd

Year built
2001
Construction
WOOD
Lot size
0.05 AC
Property size (Sq ft)
25,547 SF
Property type
Retail properties
Property subtype
Outlet malls
APN
48-19-37-999-403.000-003
APU
481937999403000003

Description

This exceptional 25,074 square foot retail or office space in Anderson, Indiana, presents a remarkable opportunity for businesses seeking high visibility and accessibility. Situated on a prominent 2.53-acre lot at 3632 S Scatterfield Rd (US 9), this single-tenant building boasts a spacious, open layout ideal for various retail or office configurations. The property features two loading docks equipped with manual levelers, ample parking with 110 spaces (including 6 handicap-accessible spots), and a robust 3-phase, 800-amp electrical system. Climate control is ensured by six-centric air units. The building is fully sprinklered and zoned B4. Its strategic location benefits from exceptional daily traffic counts exceeding 25,000 vehicles, placing it within a thriving retail corridor alongside major national brands such as Lowe's, Walmart, and Kohl's. Conveniently located 40 miles from Indianapolis, 16 miles from Muncie, and just 3.6 miles from I-69, this property offers unparalleled access to a large consumer base and regional transportation networks. The property's APN is 48-12-20-300-206.000-003. This is a turnkey opportunity for a business seeking immediate occupancy in a high-traffic, established retail area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,678,962
    6.5%
    $4,319,042
    7%
    $4,010,539
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,995,158
    Geo Method
    $7,995,158
  • Alternative Use

    Use
    Valuation
    Residential
    $3,643,274
    Hospitality
    $3,337,219
    Educational
    $2,776,527
    Medical
    $2,872,016
    Retail
    $4,319,042
3632 Scatterfield Rd, Anderson, Indiana
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Location Insight

City
Anderson
County
Madison
State
Indiana
Latitude
40.0782
Longitude
-85.652
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$34,516
-
$1,066,300
$1,066,300
-
-
$1,066,300
$1,066,300

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