Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    720 8th St Anderson, IN 46016-1206

    • Warehouses
    • 24,824 SF
    • 0.82 lot acres
    OFF-MARKET
    Value Estimation
    $575,000
    Last Sale
    Aug 29, 2022
    Location Intelligence
    Property ID
    US31-0649852
    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

    • ETS Dyslexia Specialists / Learning Center
    • Tina M. Baxter, GNP / Nurse Practitioner
    • Lynn Scott Tax Preparation Service LLC / Tax Preparation

    Property Details for 720 8th St

    Year built
    1975
    Construction
    WOOD
    Lot size
    0.82 lot acres
    Property size
    24,824 SF
    Property type
    Warehouses
    APN
    48-11-12-303-044.000-003
    APU
    481112303044000003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $520,000

    • CAP approach

      CAP return
      Estimation
      6%
      $765,000
      6.5%
      $760,000
      7%
      $805,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $720,000
      Geo Method
      $805,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $820,000
      Retail
      $775,000
      Mixed-Use
      $770,000
      Hospitality
      $820,000
      Educational
      $670,000
      Residential Income
      $730,000
      Energy
      $740,000
      Income-Based Land
      $690,000
      Food Service
      $675,000

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.6884
    Latitude
    40.1082
    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
    $17,308
    $41,000
    $493,700
    $534,700
    -
    $41,000
    $493,700
    $534,700

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      1434 Main St

      MINI-WAREHOUSE, STORAGE • 0.06 Acres
      1434 Main St, Anderson, IN 46016-1823
      View Details
    • Value Estimation by Request
      1,581 SF

      1434 Main St

      MINI-WAREHOUSE, STORAGE • 1,581 SF
      1434 Main St, Anderson, IN 46016-1823
      View Details
    • Value Estimation by Request
      31,000 SF

      1301 16th St

      WAREHOUSE, STORAGE • 31,000 SF
      1301 16th St, Anderson, IN 46016-3326
      View Details
    • Value Estimation by Request
      1,160 SF

      1819 22nd St

      STORAGE YARD, OPEN STORAGE • 1,160 SF
      1819 22nd St, Anderson, IN 46016-3714
      View Details
    • Value Estimation
      $535,000
      36,555 SF

      1825 18th St

      WAREHOUSE, STORAGE • 36,555 SF
      1825 18th St, Anderson, IN 46016
      View Details
    • Value Estimation by Request
      10,368 SF

      621 Meridian St

      WAREHOUSE, STORAGE • 10,368 SF
      621 Meridian St, Anderson, IN 46016-1518
      View Details

    Similar Nearby for Sale

    • $950,000
      30,542 SF

      Anderson Industrial Property

      Rare 30,000+ SF industrial building.
      1315 18Th St, Anderson, IN 46016
      View Details
    • $299,500
      48,104 SF

      Industrial Building on 2.47 Acres

      48,000+- SF industrial building on 2.47 acres for sale.
      1402 W 22Nd St, Anderson, IN 46016
      View Details
    • $575,000
      Pending

      Anderson Warehouse with Fenced Perimeter

      Two buildings totaling 19,360 SF on 2.66 acres.
      2001 Reverend J T Menifee St, Anderson, IN 46016
      View Details
    • Contact for pricing
      0.21 Acres

      Residential Lots in Anderson, IN

      Residential corner lot totaling 0.21 acres in Anderson, Indiana.
      1902 Main St, Anderson, IN 46016
      View Details
    • Contact for pricing
      0.23 Acres

      Residential Lots in Anderson, IN

      Vacant residential lot available in Anderson, Indiana.
      Park Ave, Anderson, IN 46016
      View Details
    • $225,000
      5,788 SF

      Anderson Retail Investment Opportunity

      Three retail properties in Anderson, Indiana, with updated features.
      1213 Main St, Anderson, IN 46016
      View Details

    Similar Nearby for Lease

    • $8,050 /Mo
      19,380 SF

      Anderson Warehouse with Welding Garage

      19,360 SF light industrial/flex building with unique features.
      2001 Reverend J T Menifee St, Anderson, IN 46016
      View Details
    • $8 SF/Yr
      36,369 SF

      Versatile Mixed-Use Building For Lease

      Renovated building suitable for warehouse, office, or multiple tenant uses.
      1017 W 19Th St, Anderson, IN 46016
      View Details
    • $4 SF/Yr
      70,000 SF

      Industrial Space with Outdoor Storage

      Industrial property for lease with drive-in doors and cranes.
      2316 Jefferson St, Anderson, IN 46016
      View Details
    • Contact for pricing
      1,600 SF

      Remodeled Office Space in Anderson

      Premium remodeled office space in the Historic 8th St. district.
      522 W 8Th St, Anderson, IN 46016
      View Details
    • $13 SF/Yr
      1,100 SF

      Retail Space Near Mounds Mall

      Retail space available in well-maintained shopping center.
      1821-1829 E 18Th St, Anderson, IN 46016
      View Details
    • Contact for pricing
      1,809 SF

      Office Space in Anderson, Indiana

      Office space available for lease in Anderson, Indiana.
      141 W 22Nd St, Anderson, IN 46016
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    720 8th St
    Anderson, IN 46016-1206
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.