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    Property profile & analytics

    520 E 8Th St Anderson, IN 46012

    • Medical offices
    • 2,904 SF
    • 0.09 lot acres
    For Sale
    View listing
    $299,900
    Value Estimation
    Location Intelligence
    Property ID
    US31-0278749
    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

    • Hoosier Health Plus / Medical Clinic / General Practitioner
    • Chiropractic Physicians / Chiropractor
    • Stephen D. Frank, DC / Chiropractor
    • Frank J. Lagoni Jr, DC / Chiropractor
    • Titan Wellness Center / Medical Center

    Property Details for 520 E 8Th St

    Year built
    1940
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Property size
    2,904 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    48-12-07-303-079.000-003
    APU
    481207303079000003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $320,000
      6.5%
      $335,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $315,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $355,000
      Mixed-Use
      $335,000
      Hospitality
      $315,000
      Educational
      $315,000
      Residential Income
      $335,000
      Energy
      $335,000
      Income-Based Land
      $350,000
      Food Service
      $340,000

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.672
    Latitude
    40.1081
    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
    $1,955
    $4,500
    $55,900
    $60,400
    -
    $4,500
    $55,900
    $60,400

    Comparable in this City

    • Value Estimation
      $240,000
      2,458 SF

      1639 Broadway St

      MEDICAL BUILDING • 2,458 SF
      1639 Broadway St, Anderson, IN 46012-2444
      View Details
    • Value Estimation
      $330,000
      3,344 SF

      3482 State Rd 9th 9

      MEDICAL BUILDING • 3,344 SF
      3482 State Rd 9th 9, Anderson, IN 46012-1240
      View Details
    • Value Estimation
      $360,000
      2,105 SF

      3003 Scatterfield Rd

      MEDICAL BUILDING • 2,105 SF
      3003 Scatterfield Rd, Anderson, IN 46012
      View Details
    • Value Estimation
      $335,000
      2,240 SF

      706 Walnut St

      MEDICAL BUILDING • 2,240 SF
      706 Walnut St, Anderson, IN 46012-3450
      View Details
    • Value Estimation
      $340,000
      2,592 SF

      2206 10th St

      MEDICAL BUILDING • 2,592 SF
      2206 10th St, Anderson, IN 46012-4313
      View Details
    • Value Estimation
      $315,000
      1,073 SF

      1700 Broadway St

      MEDICAL BUILDING • 1,073 SF
      1700 Broadway St, Anderson, IN 46012-2447
      View Details

    Similar Nearby for Sale

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      Neighborhood shopping center with laundry mat business and rental income.
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      Retail Development Land Opportunity

      28.5 acres of retail development land in Anderson, Indiana.
      E 32Nd St, Anderson, IN 46012
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    • $2,700,000
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      Commercial Land in Anderson, Indiana

      Four commercial parcels available for purchase in Anderson, Indiana.
      241 N Scatterfield Rd, Anderson, IN 46012
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    Similar Nearby for Lease

    • $1,100 /Mo
      35,216 SF

      First Floor Office Space Available

      First floor office space with ample parking in Anderson.
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      37,509 SF

      Retail Center in Anderson, Indiana

      335,000-SF retail center anchored by national tenants.
      1604-2210 S Scatterfield Rd, Anderson, IN 46012
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space in Anderson, Indiana

      Retail space available in Anderson with high visibility.
      1803-1845 Scatterfield Rd, Anderson, IN 46012
      View Details
    • Contact for pricing
      1,007 SF

      Retail Space in Anderson Center

      Retail space available in a 335,000-SF power center.
      2100 S Scatterfield Rd, Anderson, IN 46012
      View Details
    • Contact for pricing
      22,779 SF

      Anderson Retail Strip Center

      Prime Retail Space Available
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      View Details
    • Contact for pricing
      6,000 SF

      Retail Center in Anderson

      335,000-SF retail center in Anderson's main retail corridor.
      1716-1914 S Scatterfield Rd, Anderson, IN 46012
      View Details
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    Anderson, IN 46012
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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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