4435 Scatterfield Rd Anderson, IN 46013
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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