I-70 Visible Commercial
For Sale
$1,374,500
787 Highland Rd. Lot 1, Richmond, IN 47374
LAND - Richmond, IN
Property SizeContact for details
Lot Size10.00 Acres
Days on Market576
Property Features for 787 Highland Rd. Lot 1
General Information
Property type
Land
Property subtype
Other
Lot features
Irregular, 10-14.999, City, Commercial
Elementary school
Crestdale
Middle school
Test
High school
Richmond
Elementary school district
Richmond Community Schools
Middle school district
Richmond Community Schools
High school district
Richmond Community Schools
Directions
US 35 to US 27. US 27 to Richmond. Property is on the corner of US 27 and I-70.
Subdivision
Wayne County
Standard status
Active
APN
89-16-20-210-101.002-029
Lot size
10.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TBD by Survey
Tax Annual Amount
2650
Legal Description
TBD by Survey
Listing Agency:
Tarter Realty Auction and Appraisal Company
(765) 595-8155
Listed By:
Paul Faddis · License #RB15000347
(765) 994-8533
Added: Jan 23, 2025
Changed: Jul 6
Last Checked: Aug 22 at 8:06AM
MLS# 202502121
Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering presents a commercial land parcel with approximately 10 acres, positioned to support a range of development concepts. The site is described as having I-70 visibility and frontage, giving it direct exposure to regional traffic and making it a practical option for users seeking a prominent development location.
The property is located just off I-70 and Chester Boulevard in Richmond, Indiana, within Wayne County. It is surrounded by established businesses and is noted as being near grocery stores, restaurants, Ivy Tech Community College, hotels, healthcare facilities, and retail centers. The listing also highlights excellent accessibility for employees, customers, and logistics, and references consistent daily traffic counts.
For investors and developers, this parcel’s scale and visibility are positioned to support a planned commercial development. Its documented regional access along I-70 can support projects that benefit from ease of reaching both local and passing traffic. Buyers should confirm applicable zoning and development requirements with local authorities, but the property is presented as a development site intended for prominent commercial use in an active corridor.
The property is located just off I-70 and Chester Boulevard in Richmond, Indiana, within Wayne County. It is surrounded by established businesses and is noted as being near grocery stores, restaurants, Ivy Tech Community College, hotels, healthcare facilities, and retail centers. The listing also highlights excellent accessibility for employees, customers, and logistics, and references consistent daily traffic counts.
For investors and developers, this parcel’s scale and visibility are positioned to support a planned commercial development. Its documented regional access along I-70 can support projects that benefit from ease of reaching both local and passing traffic. Buyers should confirm applicable zoning and development requirements with local authorities, but the property is presented as a development site intended for prominent commercial use in an active corridor.
Key Highlights
- +/-10‑acre commercial land parcel with I‑70 visibility and frontage just off I‑70 and Chester Boulevard
- Positioned between Indianapolis and Dayton for regional access
- Situated near grocery stores, restaurants, Ivy Tech Community College, hotels, healthcare facilities, and retail centers
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
318
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial development site with I-70 visibility and frontage near major employment and retail destinations in Richmond.
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: +/-10‑acre commercial land parcel with I‑70 visibility and frontage just off I‑70 and Chester Boulevard; Positioned between Indianapolis and Dayton for regional access; Situated near grocery stores, restaurants, Ivy Tech Community College, hotels, healthcare facilities, and retail centers
