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Property summary
This exceptional retail property, located at 525 E Hartman Rd, Anderson, IN 46012, offers 2,604 square feet of space on a 1.35-acre lot. Built in 1980, this single-story building boasts excellent visibility and road frontage on both Hartman Road (256 feet) and State Street (235 feet). The B-1 zoning permits a wide range of business uses, making it an ideal investment opportunity. The property features approximately 40 parking spaces in a concrete lot with curb cuts on both Hartman and State Streets. A drive-in canopy with four bays adds further convenience. Previously used as a credit union, the building requires renovation and updating. Its prime location near a busy Speedway convenience store, Indiana Flooring, and other businesses ensures high traffic and visibility. The property's APN is 48-07-31-200-173.000-030; 48-07-31-200-174.000-030; 480731200172000030. Asking price is $300,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Anderson market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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