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    1047 Broadway St Anderson, IN 46012-2526
    Property profile & analytics

    1047 Broadway St, Anderson, IN 46012-2526

    View on Map

    • Parking lots & garages
    • 0.25 lot acres
    Off-Market
    Last Sale Mar 9, 2025
    Property ID
    US31-1624818
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Phoenix Innovate / Advertising Agency / Marketing & Advertising
    • Introcomm / Medical Clinic

    Property Details for 1047 Broadway St

    Year built
    1965
    Lot size
    0.25 lot acres
    Property type
    Parking lots & garages
    APN
    48-11-01-402-117.000-003
    APU
    481101402117000003

    Description

    This stabilized industrial investment property in Anderson, Indiana, offers a compelling opportunity. The 28,777 square foot facility, situated on 1.94 acres, is fully occupied under a triple-net (NNN) lease with Phoenix Innovate, a reputable printing and marketing firm, expiring December 30, 2027. The lease includes a renewal option, providing long-term income stability. Built in phases between 1980 and 2004, the building boasts three loading docks, one drive-in door, 50 parking spaces, and an 18-foot ceiling height. Recent capital improvements include a new ASTEC roof system, resealed parking lot, interior/exterior painting, and upgraded electrical capacity. The warehouse features a fully humidified and temperature-controlled environment, along with 12-26 inch thick concrete flooring. The property's heavy power capacity and strategic location make it attractive to a diverse range of potential future tenants. The asking price is $1,850,000, representing a price per square foot of $64.29. This asset presents a strong cash flow with a committed tenant and significant upside potential. The property's APN is 48-11-01-402-111.000-003. Located at 1047 Broadway St, Anderson, IN 46012.


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    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.6788
    Latitude
    40.125
    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
    $599
    $12,500
    $6,000
    $18,500
    -
    $12,500
    $6,000
    $18,500
    More about this property
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