241 Scatterfield RdAnderson, IN 46012

Property Details for 241 Scatterfield Rd

Lot size

21.55 AC

Property type

Land

Description

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.

Location Insight

City

Anderson

County

Madison

State

Indiana

Latitude

40.1141

Longitude

-85.6533

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