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Development Land Tract for Sale
For Sale
$85,000

2 Straightline Pike, Richmond, IN 47374

Approximate 8.1-acre residential land tract with electric service available and existing ingress/egress easements.

Property Size352,836 SF
Lot Size8.10 Acres
Price / SF$0.24
Days on Market264

Property Features for 2 Straightline Pike

General Information

Standard status Active
Size 352,836 SF
Lot size 8.10 Acres
Property subtype Land / Acreage
Zoning Agricultural
Lease Type Net

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,803

Amenities

No
Listing Agency: Whites Realty
Listed By: Andrea White
Source: Compass
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Apr 22 at 7:39AM

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 2 is an approximate 8.1-acre development parcel (exact measurements to be determined by survey) offered for investment or future development. Electric service is available. Water access is currently listed as to be determined, and buyers planning to build will need percolation testing and septic site approval through the Wayne County Health Department. The property is also subject to the City of Richmond Department of Infrastructure & Development guidelines.

Lines are described as located along Straitline Road. Existing ingress and egress easements will remain in place to support access to neighboring properties. Any new driveway along Straitline Pike will require approval from the Wayne County Highway Department.

Key Highlights

  • Approx. 8.1‑acre residential land tract (Tract 2), to be surveyed for exact measurements
  • Electric service is available; water access is to be determined
  • Lines are located along Straitline Road; contact Indiana American Water Company for potential water main extensions

Property Analytics

Current Use

Residential land & home ...

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.

Lease Details

Yes
Paved road access
Yes
Utilities to site

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?
Residential land & home lot - Approximate 8.1-acre residential land tract with electric service available and existing ingress/egress easements.
Where is this residential land & home lot located?
The property is located at 2 Straightline Pike Richmond, IN.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Approx. 8.1‑acre residential land tract (Tract 2), to be surveyed for exact measurements; Electric service is available; water access is to be determined; Lines are located along Straitline Road; contact Indiana American Water Company for potential water main extensions
More about this property
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