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Agricultural Land Tract with Grain Bin
For Sale
$60,500

1 Straightline Pike, Richmond, IN 47374

Versatile farmland tract with electric available, water lines along Straitline Road, and an on-site small grain bin.

Property Size155,945 SF
Lot Size3.50 Acres
Price / SF$0.39
Days on Market254

Property Features for 1 Straightline Pike

General Information

Standard status Active
Size 155,945 SF
Lot size 3.50 Acres
Property subtype Land / Acreage
Listing Agency: Whites Realty
Listed By: Andrea White
Source: Compass
Added: Nov 21, 2025 Changed: Jul 23 Last Checked: Aug 1 at 12:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Whites Realty

Investment Insights

Based on property information with market context.

Tract 1 is an agricultural land offering totaling approximately 3.5 acres, with exact measurements to be determined by survey. Electric service is conveniently available, and water lines are located along Straitline Road, with water main extension details available through Indiana American Water Company. The parcel includes existing ingress and egress easements that will remain intact to serve adjoining parcels and tracts.

For buyers intending to build, percolation testing and septic site approval are required through the Wayne County Health Department. The property is also subject to the City of Richmond’s Department of Infrastructure & Development guidelines. Any new driveway along Straitline Road must be approved by the Wayne Co. Highway Department.

A small grain bin on the property provides crop storage.

Key Highlights

  • Tract 1 is approximately 3.5 acres (to be surveyed for exact measurements).
  • Electric service is available on the property.
  • Water lines are located along Straitline Road; contact Indiana American Water Company for water main extension details.

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Restaurant Dental Office Building Supply Big Box & Wholesale Store Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

Demographics for 47374, IN

45,304
Population
21,553
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
119.8 sq mi
ZIP Area
378
Density / Sq Mi
$52,566
Median Household Income
$34,168
Median Earnings
$816
Median Rent
$121,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Versatile farmland tract with electric available, water lines along Straitline Road, and an on-site small grain bin.
Where is this agricultural land / farmland located?
The property is located at 1 Straightline Pike Richmond, IN.
What is the asking price?
The asking price for this property is $60,500.
What are key features of this property?
This property features: Tract 1 is approximately 3.5 acres (to be surveyed for exact measurements).; Electric service is available on the property.; Water lines are located along Straitline Road; contact Indiana American Water Company for water main extension details.
More about this property
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