Property profile

1704 S Scatterfield Rd Anderson, IN 46016

FOR SALE
Turn key restaurants
Property ID
US31-1177394
2,613 SF 0.48 ac lot Built 1987
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving quick-service restaurant (QSR) located at 1704 S Scatterfield Rd, Anderson, IN 46016. The property boasts 2,276 square feet of space, situated on a highly visible street-front location within a vibrant commercial area characterized by a high volume of pedestrian and vehicular traffic. Built in 1987, this single-story building is zoned C and offers ample parking with 17 spaces available for customers and employees. Currently operating at 100% occupancy, this established business presents a strong track record of success. The asking price is $330,000, translating to a price per square foot of $144.99. Seller financing is available, making this an attractive proposition for investors seeking a lucrative and readily available income stream. The property's history as a KFC location speaks to its proven suitability for fast-food operations, and its prime location ensures continued success for future ventures. This is a rare chance to acquire a well-established, high-performing QSR in a desirable market. The property's strong financials and convenient location make it an ideal investment for both seasoned and emerging entrepreneurs. Don't miss this opportunity to own a piece of Anderson's thriving commercial landscape.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1987
Total area 2,613 SF
Lot 0.48 ac (20,909 SF)
APN 48-12-17-200-373.000-003
UPID US31-1177394

Cap rate & NOI

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

Location

1704 S Scatterfield Rd Anderson, IN 46016
Anderson metro Census 1000 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2019
Price N/A

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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