Prime Industrial Land for Sale in Anderson, IN
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1 PORTION SOLD PORTION AVAILABLE Photo courtesy of the Indiana Economic Development Corporation Prime industrial land for sale in Anderson, IN Created February 6, 2012 • Updated December 28, 2020 racertrust.org 2 Table of Contents 3 Property Summary 4 Property Location 7 Property Assets 9 Property Details 11 Property Ownership and Recent History 12 Environmental Conditions 13 Collateral Information, including: Access/Linkage * Airports * Port Facilities * Regional Bus Service * Utilities and Natural Gas * Zoning and Business Assistance * Small Business Centers 20 Technology* Infrastructure 21 Regional Overview, including: Community Snapshot * Workforce * Education * Largest Employers * Medical Facilities and Emergency Services * Links to Helpful Resources 30 Demographic* Information 32 RACER Summary 33 Conditions 34 Transaction Guidelines/Offer Instructions 35 Links for Buyers 3 Property Summary Delphi I Plant 2915 Martin Luther King Jr. Boulevard Anderson, IN 46016 The Delphi I Anderson site is comprised of 75.988 acres of vacant land that is surrounded by industrial, commercial, and residential areas. At full capacity, the site contained eight plants. Demolition of all buildings was complete in 2009, and no slabs remain. Sirmax North America, Inc., purchased a 26.3-acre portion of the property in 2015 and built a 140,000-square-foot manufacturing facility to produce and supply plastic compounds and resins used in the automotive, home appliance, electrical and furniture industries. In 2019, Siramax closed on the purchase of an additional 27.28 +/- acres for constuction of a plastics recycling operation. The remainder of the property is ready for redevelopment. Rail service and all utilities are available at the property, including high-pressure natural gas. County: Madison Land Area: 75.988 acres General Description: Vacant land Zoning: Zoning details can be found in the Property Details pages. Tax Parcel Number: 48-11-23-900-001.000-003, 48-11-14-403-001.000-003 RACER Site Number: 13200 More information about this property may be reviewed on RACER’s website at www.racertrust.org/Properties/PropertyDetail/Delphi_1_13200. 4 Property Location Delphi I Plant - Parcel 1 Delphi I Plant - Parcel 2 2915 Martin Luther King Jr. Boulevard 2915 Martin Luther King Jr. Boulevard Anderson, IN 46016 Anderson, IN 46016 48-11-23-900-001.000-003 48-11-23-900-001.000-003 29.98+/- acres 18.73+/- acres I-1 & I-2, Industrial I-1 & I-2, Industrial Parcel 1 Available Parcel 2 Available ©2017 Google View an interactive map of the Property at http://bit.ly/delphi-I. *Disclaimer: Property boundaries presented on this map are for informational purposes only and have not been prepared for legal, engineering, or surveying purposes. RACER makes no representations as to the accuracy of the maps, aerial photographs, or boundary depictions contained herein. 5 Property Location (continued) Delphi I Plant - Parcel 3 Delphi I Plant - Parcel 4 2915 Martin Luther King Jr. Boulevard 2915 Martin Luther King Jr. Boulevard Anderson, IN 46016 Anderson, IN 46016 48-11-23-900-001.000-003 48-11-23-900-001.000-003 1.79+/- acres 34.41+/- acres I-1 & I-2, Industrial I-1 & I-2, Industrial Parcel 3 Parcel 4 Sold Sold ©2017 Google View an interactive map of the Property at http://bit.ly/delphi-I. *Disclaimer: Property boundaries presented on this map are for informational purposes only and have not been prepared for legal, engineering, or surveying purposes. RACER makes no representations as to the accuracy of the maps, aerial photographs, or boundary depictions contained herein. 6 Property Location (continued) Delphi I Plant - Parcel 5 West 25th Street Anderson, IN 46016 48-11-14-403-001.000-003 29.51+/- acres I-1, Industrial Parcel 5 Sold ©2017 Google View an interactive map of the Property at http://bit.ly/delphi-I. *Disclaimer: Property boundaries presented on this map are for informational purposes only and have not been prepared for legal, engineering, or surveying purposes. RACER makes no representations as to the accuracy of the maps, aerial photographs, or boundary depictions contained herein. 7 Property Assets • High-visibility parcel • Vacant land 8 Property Assets (continued) 9 Property Details Overview 2915 Martin Luther King Jr. Boulevard, Anderson, IN Location 46016 I-1 & I-2, Industrial: 48-11-23-900-001.000-003 Zoning/Tax ID Number(s): I-1, Industrial: 48-11-14-403-001.000-003 Total Land Area of Property (Acres) 75.988 Total Assessment $1,100,200 Total Annual Property Taxes $33,006 (2016) Some sections of the parcel have excellent visibility on Martin Luther King Jr. Boulevard, a major thoroughfare. Visibility Other sections face the less-traveled Raible Avenue and are less visible. Shape Rectangular Road Frontage Martin Luther King Jr. Boulevard for the entire parcel Road Access Martin Luther King Jr. Boulevard and Raible Avenue Number of Structures at Property None Utilities Available on site Overhead distribution lines follow the easterly ROW of Electricity MLK Blvd.—13.2/7.62 kv capacity; service provided by Anderson Municipal Light & Power. 10 Property Details (continued) A sanitary sewer line follows the easterly ROW of MLK Blvd.; storm sewers follow both the westerly and Sewer easterly ROW of MLK Blvd., as well as bisect northern portions of the site; service provided by the City. Water mains parallel all edges of site and also bisect its Water southern portion; service provided by the City. 4”-8” lines surround the site with medium to high Natural Gas pressure; service provided by Vectren Corp. A fiber optic line follows the easterly ROW of MLK Fiber Optics Blvd.; service provided by AT&T. Licenses for Temporary Use (If Any) None Sulfur Dioxide (2010) Attainment Area Particulate Matter 2.5 (2006) Attainment Area Lead (2008) Attainment Area Carbon Monoxide Attainment Area 8-Hour Ozone (2008) Attainment Area Nitrogen Dioxide Attainment Area Particulate Matter 10 Attainment Area Vehicle Parking (Number of Spaces) N/A Previous Operations by GM Manufacture of light and lamping systems Surrounding Owners/Uses Industrial, commercial, residential Rail Service CSX Transportation Name and Proximity to Nearest Interstate Highway(s) I-69 (5 miles) Name and Proximity to Nearest Commercial Airport(s) Anderson Airport (7 miles) Name and Proximity to Nearest Commercial Seaport(s) N/A School District Anderson Community School District 11 Property Ownership and Recent History The site originally was constructed in 1906 and, at full capacity, contained eight plants. The General Motors Corporation began operations at the site in 1929. The site was primarily used to manufacture light and lamping systems. Operations included plating, a foundry, component manufacturing, iron powder production, iron casting, wastewater treatment, research and development. Demolition and slab removal for the 3 million-square-foot Main Guide Plant and other buildings was competed in August 2009. The surrounding area consists of industrial, commercial and residential areas. Sirmax North America, Inc., purchased a 26.3-acre portion of the property in 2015 and built a 140,000-square-foot manufacturing facility to produce and supply plastic compounds and resins used in the automotive, home appliance, electrical and furniture industries. In 2019, Siramax closed on the purchase of an additional 27.28+/- acres of construction of a plastics recycling operation. 12 Environmental Conditions RACER Trust, U.S. EPA and State regulatory authorities offer a variety of buyer protections designed to shield your investment and restrict or eliminate your liability for environmental impacts resulting from previous uses, regardless of whether these conditions were known at the time of purchase or transfer. For the latest environmental information, please visit www.racertrust.org 13 Collateral Information: Access/Linkage Positioned in the heart of the Midwest, Anderson is located on the Interstate 69 corridor in Central Indiana, just north of the Indianapolis metropolitan area. Anderson benefits from a strategic interstate and highway access system. Twenty miles south is the I-465 freeway hub, connecting interstates in seven directions, including I-65, I-70 and I-74. I-70 also is only 15 to 20 minutes away on State Roads 9 and 109. State Roads 32, 67, and 9 connect to Anderson. The City of Anderson offers great rail access by CSX Transportation (www.csx.com), one of the largest rail road companies in Eastern United States. Interstate 69 *Information obtained from RACER research. 14 Collateral Information: Airports Anderson is less than an hour away from the Indianapolis International Airport, one of the largest FedEx hubs in the United States. Anderson also has its own regional airport, Anderson Municipal Airport. Anderson Municipal Airport is a general aviation airport owned and operated by the City of Anderson. It is a modern facility with two large runways and its own control tower. The airport is approximately seven miles from the Property. *Information obtained from RACER research. 15 Collateral Information: Port Facilities Anderson is located in close proximity to four ports — one on Lake Michigan, three on the Ohio River. Three are operated by Ports of Indiana, the other by the Ohio Port Authorities Council. The Port of Indiana-Burns Harbor in Portage, Ind., provides access to the Great Lakes and St. Lawrence Seaway. It handles more ocean-going cargo than any other U.S. Great Lakes port and 15 percent of U.S. steel trade with Europe. Located on the south shore of Lake Michigan, the port is just 18 miles from Chicago. It handles international ships via the Great Lakes connection to the Atlantic Ocean and barges via inland river links to 38 states and the Gulf of Mexico. As a multi-modal facility, the port handles an average of 500,000 trucks, 10,000 railcars, 400 barges and 100 ships per year. The Port of Indiana-Jeffersonville, on the northern bank of the Ohio River across from Louisville, offers domestic and international barge service to Europe, the Middle East, Asia and South America via the Ohio-Mississippi rivers’ connection to the Gulf of Mexico.