Property summary
This exceptional one-acre commercial lot, located at 1402 S Madison Ave in Anderson, Indiana (zip code 46016), presents a remarkable investment opportunity. Situated on a hard corner at a busy intersection in Madison County, this property boasts exceptional visibility and high traffic counts exceeding 20,000 vehicles. Its strategic location within a bustling commercial corridor offers unparalleled access to a dense population and numerous amenities. The property is zoned for commercial use and has already received approvals for gas stations and convenience stores, making it ideally suited for a variety of retail developments. The asking price is $325,000. This prime location ensures significant exposure and potential for substantial returns. The property's size and zoning make it an attractive prospect for businesses seeking high visibility and convenient access for customers. Don't miss this chance to acquire a highly desirable commercial lot in a thriving Indiana city. The coordinates are 40.101836 latitude and -85.691613 longitude. This is a rare opportunity to secure a well-positioned, high-traffic commercial property in a rapidly growing area.
Property profile
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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