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Redevelopment commission OKs appraisals for Nickel Avenue parcels as restaurant interest emerges

5818192 · September 12, 2025
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Summary

The commission authorized appraisals on property along Nickel Avenue, including two former Hardee’s parcels, after staff said a restaurant operator has expressed interest in locating at Edgewood Plaza.

The Anderson Redevelopment Commission authorized staff to obtain appraisals for properties along Nickel Avenue and the former Hardee’s site near Edgewood Plaza after staff reported interest from a restaurant operator.

Staff said appraisals would be completed by two local commercial appraisers — Diana Preiser and Dan Teeter of American United Appraisers — and that city legal counsel recommended appraisals before any purchase negotiations. Commissioners approved the appraisal authorization by voice vote.

During discussion one commissioner noted the city has sought healthier dining options for the West Side; staff said the requests for appraisals respond to a specific restaurant inquiry while the former Hardee’s property remains a separate appraisal item. No purchase or sale agreement was before the commission at the meeting.