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    4435 Scatterfield Rd Anderson, IN 46013

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    4435 Scatterfield Rd Anderson, IN 46013

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    • Commercial real estate
    • 1.15 lot acres
    Off-Market
    Property ID
    US31-1219285
    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

    • Commercial real estate

    Property Details for 4435 Scatterfield Rd

    Lot size
    1.15 lot acres
    Property type
    Commercial real estate
    APN
    48-12-30-401-039.000-003

    Description

    This exceptional 1.15-acre commercial development parcel is situated on Anderson's main business corridor, Scatterfield Road, offering 461 feet of combined frontage on Scatterfield and Lora Roads. The property boasts a B-1 (General Business) zoning designation, allowing for a wide range of commercial uses. City water, sanitary sewer, and storm sewers are readily available on-site. The land is strategically located near established businesses including Walmart, Kohl's, Starbucks, Panera Bread, Olive Garden, Fazoli's, and numerous banks. Three existing residential structures are present and will be sold "as is," with demolition expected by the new owner. The property includes three parcels, with the third parcel number being 48-12-30-401-039.000-003. This prime location and convenient access to infrastructure make this an ideal opportunity for significant commercial development in a thriving business district. The asking price for this exceptional property is $725,000. The property's APN is 48-12-30-401-039.000-003. This is a rare chance to acquire a substantial parcel in a high-traffic area with excellent visibility and proximity to major retailers.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.652914675036
    Latitude
    40.068360754487

    Comparable in this City

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      Anderson Land For Sale

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    Similar Nearby for Sale

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      Land Ready for Rezoning

      Agricultural land suitable for commercial or industrial rezoning.
      6225 S Scatterfield Rd, Anderson, IN 46013
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      3.94 Acres Industrial Land Available

      3.94 acres of industrial land in Certified Technology Park.
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      Prime Land in Anderson, Indiana

      123 acres suitable for commercial or residential development.
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    • $275,000
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      Prime Anderson Commercial Land

      2.39 Acres, B-4 Zoning, High Visibility
      3614 Scatterfield Rd, Anderson, IN 46013
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      Anderson Land For Sale

      123 acres of land suitable for commercial/residential development.
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    Similar Nearby for Lease

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      Retail Spaces and Commercial Land

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      117,206 SF

      701,000 SF Retail Space Available

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      3,500 SF

      Retail Space in Anderson, Indiana

      Retail space available in grocery-anchored shopping center.
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      1,100 SF

      Retail Space on Scatterfield Road

      Retail space available near Walmart Supercenter and Kohl’s.
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    • $13 SF/Yr
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      Flexible Office Space Available

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    • $1,575 /Mo
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      Endcap Unit Near Interstate 69

      Endcap unit in high-traffic area near I-69 in Anderson, IN.
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    Anderson, IN 46013
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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