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    Property profile & analytics

    2721 Broadway St Anderson, IN 46012-1349

    • Auto shops
    • 25,966 SF
    • 4.89 lot acres
    OFF-MARKET
    Value Estimation
    $635,000
    Last Sale
    Apr 21, 2022
    Location Intelligence
    Property ID
    US31-0633236
    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.

    Current Use by Public Records

    • LaRusso Auto Group / Used Car Dealer / Auto Market
    • GTS Trans LLC, ALSHAHEN Shipping associate / Shipping Service
    • Anderson automall / Used Car Dealer
    • PLUS MOTORS / Car Dealer
    • U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency

    Property Details for 2721 Broadway St

    Year built
    1968
    Construction
    WOOD
    Lot size
    4.89 lot acres
    Property size
    25,966 SF
    Property type
    Auto shops
    APN
    48-08-36-100-018.000-019
    APU
    480836100018000019

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $600,000

    • CAP approach

      CAP return
      Estimation
      6%
      $770,000
      6.5%
      $740,000
      7%
      $740,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $780,000
      Geo Method
      $825,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $750,000
      Retail
      $745,000
      Mixed-Use
      $900,000
      Hospitality
      $890,000
      Educational
      $670,000
      Residential Income
      $725,000
      Energy
      $800,000
      Income-Based Land
      $890,000
      Food Service
      $715,000

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.6779
    Latitude
    40.1458
    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
    $17,978
    $183,400
    $372,000
    $555,400
    -
    $183,400
    $372,000
    $555,400

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      109 Alexandria Pike

      AUTO REPAIR, GARAGE • 3,600 SF
      109 Alexandria Pike, Anderson, IN 46012
      View Details
    • Value Estimation
      $370,000
      6,423 SF

      2208 8th St

      AUTO REPAIR, GARAGE • 6,423 SF
      2208 8th St, Anderson, IN 46012-4302
      View Details
    • Value Estimation
      $490,000
      20,706 SF

      3165 State Rd 9th 9

      AUTO REPAIR, GARAGE • 20,706 SF
      3165 State Rd 9th 9, Anderson, IN 46012-1263
      View Details
    • Value Estimation
      $225,000
      6,400 SF

      2811 Broadway St

      AUTO REPAIR, GARAGE • 6,400 SF
      2811 Broadway St, Anderson, IN 46012-1338
      View Details
    • Value Estimation by Request
      0.13 Acres

      Broadway St

      AUTO REPAIR, GARAGE • 0.13 Acres
      Broadway St, Anderson, IN 46012
      View Details
    • Value Estimation by Request
      3,600 SF

      601 Broadway St

      AUTO REPAIR, GARAGE • 3,600 SF
      601 Broadway St, Anderson, IN 46012-2921
      View Details

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    Similar Nearby for Lease

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      Land Available in Anderson, Indiana

      Land available for parking, land lease, or build to suite.
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      Prime retail or office space for lease in Anderson, Indiana.
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    • Contact for pricing
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      335,000-SF retail center anchored by national tenants.
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      Retail Space in Anderson, Indiana

      Retail space available in Anderson with high visibility.
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      Retail Space in Anderson Center

      Retail space available in a 335,000-SF power center.
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    • Contact for pricing
      5,603 SF

      Retail Space on Scatterfield Road

      Retail space available for lease with ample parking.
      619 S Scatterfield Rd, Anderson, IN 46012
      View Details
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    2721 Broadway St
    Anderson, IN 46012-1349
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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