Agricultural and Development Land
For Sale
$495,000
5 N 8th St, Richmond, IN 47374
Expansive multi-purpose acreage with existing ingress and egress easements and available electric service.
Lot Size47.50 Acres
Days on Market253
Property Features for 5 N 8th St
General Information
Standard status
Active
Lot size
47.50 Acres
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Listing Agency:
Whites Realty
(765) 647-1922
Listed By:
Andrea White
Source:
Exprealty
Added: Nov 22, 2025
Changed: Jul 27
Last Checked: Jul 31 at 8:37PM
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 5 is a 47.5-acre parcel offered for sale at 5 N 8th St, Richmond, IN. The property is suited for development, farming, or other investment uses, and it includes existing ingress and egress easements that will remain in place. Electric service is available.
New driveways along US 27 require approval through INDOT. Buyers should inquire about water availability with Indiana American Water Company. If construction is planned, percolation testing and septic site approval will be required through the Wayne County Health Department, and the parcel is subject to the City of Richmond’s Department of Infrastructure & Development guidelines.
New driveways along US 27 require approval through INDOT. Buyers should inquire about water availability with Indiana American Water Company. If construction is planned, percolation testing and septic site approval will be required through the Wayne County Health Department, and the parcel is subject to the City of Richmond’s Department of Infrastructure & Development guidelines.
Key Highlights
- Tract 5: 47.5‑acre multi‑purpose acreage for development, farming, or investment
- Existing ingress and egress easements will remain in place
- Electric service is available for the property
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
992
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Expansive multi-purpose acreage with existing ingress and egress easements and available electric service.
Where is this agricultural land / farmland located?
The property is located at 5 N 8th St 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: Tract 5: 47.5‑acre multi‑purpose acreage for development, farming, or investment; Existing ingress and egress easements will remain in place; Electric service is available for the property
