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Acreage Development Land Tract
For Sale
$100,000

3 Straightline Pike, Richmond, IN 47374

Development land tract offers electric availability and access via existing ingress/egress easements.

Property Size474,804 SF
Lot Size10.95 Acres
Price / SF$0.21
Days on Market264

Property Features for 3 Straightline Pike

General Information

Standard status Active
Size 474,804 SF
Lot size 10.95 Acres
Property subtype Land / Acreage
Zoning Agricultural
Lease Type Net

Additional Details

Road Access 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.

This for-sale land tract consists of approximately 10.95 acres (final measurements to be determined by survey) and is offered as “Tract 3” within a multi-tract opportunity. Electric service is available. Water lines are located along Straitline Road, and additional water main extensions, if needed, must be coordinated with Indiana American Water Company.

Ingress and egress easements are already in place to support access for neighboring properties. Any new driveway along Straitline Pike would require approval from the Wayne County Highway Department. The property is subject to oversight by the City of Richmond’s Department of Infrastructure & Development.

Prospective buyers planning to build should plan for percolation testing and septic site approval through the Wayne County Health Department. Multiple tracts can be combined to accommodate larger acreage needs.

Key Highlights

  • 10.95‑acre development land tract (exact measurements to be surveyed)
  • Electric service available
  • Water lines are located along Straitline Road; contact Indiana American Water Company for extensions details

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

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 - Development land tract offers electric availability and access via existing ingress/egress easements.
Where is this residential land & home lot located?
The property is located at 3 Straightline Pike Richmond, IN.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: 10.95‑acre development land tract (exact measurements to be surveyed); Electric service available; Water lines are located along Straitline Road; contact Indiana American Water Company for extensions details
More about this property
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