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3632 Scatterfield Rd Anderson, IN 46013-2134

Outlet malls Google Maps
25,547 SF 0.05 ac lot Built 2001
Trust Owned 4-yr Hold Free & Clear
Estimated value (blended)
$680k
Range $612k – $748k (±10%)
Property ID US31-0901015

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2001
Construction WOOD
Total area 25,547 SF
Lot 0.05 ac (2,304 SF)
APN 48-19-37-999-403.000-003
UPID US31-0901015

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Crypto Atm Atm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$680k

Owner & transaction history

since 2021
1 recorded transaction
2021
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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