For Sale
$1,934,500

241 Scatterfield RdAnderson, IN 46012

21.55 Acres, B-3 Zoning, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional 21.55-acre commercial land parcel in Anderson, Indiana, presents a unique investment opportunity. Located at 241 S Scatterfield Rd, this property is comprised of four distinct parcels ranging in size from 1.56 acres to 8.88 acres, offering flexibility for various development scenarios. The property boasts a prime location with high visibility, situated near established businesses such as CVS, Old National Bank, and Social Security. Zoned B-3 (planned neighborhood shopping center), the land allows for a wide range of commercial uses. Two parcels facing Scatterfield Road are priced at $150,000 per acre (2.99 and 1.56 acres respectively), while the 8.12-acre parcel facing University Boulevard is priced at $100,000 per acre. The remaining 8.88-acre parcel, situated at the northwest corner, is offered at $50,000 per acre. The total asking price for the entire 21.55 acres is $1,934,500. Individual parcels may be purchased separately. The seller, a developer, is open to build-to-suit options with a long-term triple-net (NNN) lease. The property's APN numbers are 481207104063000003 and 48127104062000003. An aerial photo illustrating the approximate lot configurations is available upon request. This is an ideal opportunity for developers seeking a strategic location with high potential for return.

Highlights

  • 21.55-acre commercial land parcel in Anderson, Indiana, ideal for development.
  • Four parcels ranging from 1.56 to 8.88 acres, offering flexibility.
  • Prime location near CVS, Old National Bank, and Social Security, with high visibility.
  • B-3 zoning allows for diverse commercial uses.
  • Pricing varies by parcel, ranging from $50,000 to $150,000 per acre.
  • Total asking price: $1,934,500; individual parcels available.

Property Details for 241 Scatterfield Rd

Property type
Land
Lot Size (sq. ft)
938,718 SF

Location Insight

City
Anderson
County
Madison
State
Indiana
Latitude
40.1140829
Longitude
-85.6533012
241 Scatterfield Rd, Anderson, Indiana

FAQs

What type of property is this?
Land - 21.55 Acres, B-3 Zoning, Excellent Location
Where is the land located?
The property is located at 241 Scatterfield Rd Anderson, IN.
What is the asking price?
The asking price for this property is $1,934,500.
What are key features of this property?
This property features: 21.55-acre commercial land parcel in Anderson, Indiana, ideal for development.; Four parcels ranging from 1.56 to 8.88 acres, offering flexibility.; Prime location near CVS, Old National Bank, and Social Security, with high visibility.
How can I contact the broker?
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241 Scatterfield Rd
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