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Agricultural Land Tract with US 27 Access

5 US 27 Richmond, IN 47374

5 US 27, Richmond, IN, 47374
$495,000
For Sale
$495,000

LAND - Richmond, IN

Lot Size47.59 Acres
Days on Market238

Property Features for 5 US 27

General Information

Property type
Land
Property subtype
Other
Zoning
Agricultural
Standard status
Active
APN
89-18-17-000-401.004-028
Lot size
47.59 Acres
Listing Agency Whites Realty
6119 Little Cedar Rd, Brookville, IN
Listed by Andrea White
Added: Nov 21, 2025 Checked: Jul 17 at 11:06 am
MLS# 206440 Listing URL

Copyright © 2026 Southeastern Indiana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Tract 5 is an agricultural-zoned land parcel offered for sale with 47.59 acres. The property is positioned for flexible use, including farming or future development concepts, subject to applicable approvals. Electric service is listed as available. Existing ingress and egress easements are intended to remain in place, supporting continued access planning.

The tract fronts US 27. Any new driveway locations along US 27 must be approved by INDOT, so curb cut and access design will require coordination prior to construction. Buyers should also inquire regarding water availability through Indiana American Water Company. For on-site wastewater needs associated with development, percolation testing and septic site approval will be required through the Wayne County Health Department.

This parcel is best suited for buyers who want acreage under an agricultural zoning framework and are prepared to navigate permitting steps for access, water, and septic approval. The property is also subject to the City of Richmond’s Department of Infrastructure & Development guidelines, so planned improvements should align with those requirements from the outset.

Key Highlights

  • 47.5‑acre tract for development, farming, or investment, with multiple tracts available to combine (Tract 5).
  • Electric service is available on the property.
  • Existing ingress and egress easements will remain in place.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Agricultural land / Farmland

Suggested Use

Real Estate Agency Dental Office Law Firm Restaurant Hair Salon Pharmacy Building Supply Big Box & Wholesale Store Spa & Massage Center HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Agricultural land / Farmland - Large agricultural-zoned tract with utility availability and defined ingress/egress easements for development or farming plans.
Where is this agricultural land / farmland located?
The property is located at 5 US 27 Richmond, IN.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 47.5‑acre tract for development, farming, or investment, with multiple tracts available to combine (Tract 5).; Electric service is available on the property.; Existing ingress and egress easements will remain in place.
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