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Commercial Land with I-70 Frontage
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For Sale
$1,374,500

787 Highland Rd. Lot 1, Richmond, IN 47374

A sizable development parcel near Chester Boulevard offers highway exposure and regional access.

Property SizeContact for details
Days on Market5

Property Features for 787 Highland Rd. Lot 1

General Information

Standard status Active
Property subtype Commercial Lots & Land
Listing Agency: Tarter Realty Auction and Appraisal Company
Listed By: Paul Faddis · License #RB15000347
Source: Castleonerealty
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 5:52PM

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 Tarter Realty Auction and Appraisal Company

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Investment Insights

Based on property information with market context.

This commercial land parcel comprises approximately 10 acres, with frontage and visibility along I-70. Its position near Chester Boulevard places the site along a commercial corridor in Richmond, Indiana.

The property is located between Indianapolis and Dayton, with grocery stores, restaurants, Ivy Tech Community College, hotels, healthcare facilities, and retail centers nearby. I-70 and Chester Boulevard provide access to the surrounding region.

Key Highlights

  • Approximately 10 acres of commercial land
  • Frontage and visibility along I‑70
  • Located near Chester Boulevard in Richmond, Indiana

Property Analytics

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Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Spa & Massage Center

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

329
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - A sizable development parcel near Chester Boulevard offers highway exposure and regional access.
Where is this commercial land located?
The property is located at 787 Highland Rd. Lot 1 Richmond, IN.
What is the asking price?
The asking price for this property is $1,374,500.
What are key features of this property?
This property features: Approximately 10 acres of commercial land; Frontage and visibility along I‑70; Located near Chester Boulevard in Richmond, Indiana
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