High-Visibility Interstate Frontage
For Sale
$1,374,500
787 Highland Rd Lot 2, Richmond, IN 47374
LAND - Richmond, IN
Property SizeContact for details
Lot Size10.00 Acres
Days on Market577
Property Features for 787 Highland Rd Lot 2
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 23 at 1:06AM
MLS# 202502124
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.
A commercial land parcel offered for sale as Lot 2 at 787 Highland Rd in Richmond, IN. The site is approximately +/-10 acres and is presented as a high-visibility development opportunity with I-70 visibility and frontage. The property is marketed for buyers seeking scale and exposure for regional commercial development.
The land is positioned just off I-70 and Chester Boulevard, two key access points serving the Richmond area. The listing notes nearby demand drivers including grocery stores, restaurants, Ivy Tech Community College, hotels, healthcare facilities, and retail centers, with the overall area characterized as an established commercial ecosystem.
This parcel may fit buyers looking to develop a new commercial use that benefits from an interstate-facing profile and straightforward regional connectivity. Its location just off I-70 and Chester Boulevard provides convenient access for both customer traffic and logistics, while the surrounding mix of commercial and institutional uses can support a variety of development plans. Please review the site details and zoning/entitlements with the appropriate local authorities to confirm permitted uses and development requirements for your intended concept.
The land is positioned just off I-70 and Chester Boulevard, two key access points serving the Richmond area. The listing notes nearby demand drivers including grocery stores, restaurants, Ivy Tech Community College, hotels, healthcare facilities, and retail centers, with the overall area characterized as an established commercial ecosystem.
This parcel may fit buyers looking to develop a new commercial use that benefits from an interstate-facing profile and straightforward regional connectivity. Its location just off I-70 and Chester Boulevard provides convenient access for both customer traffic and logistics, while the surrounding mix of commercial and institutional uses can support a variety of development plans. Please review the site details and zoning/entitlements with the appropriate local authorities to confirm permitted uses and development requirements for your intended concept.
Key Highlights
- +/-10‑acre commercial land parcel just off I‑70 and Chester Boulevard in Richmond
- I‑70 frontage and visibility, positioned between Indianapolis and Dayton
- Surrounded by active commercial businesses and retail traffic drivers
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 land with I-70 visibility and frontage, located just off Chester Boulevard in Richmond, IN.
Where is this commercial land located?
The property is located at 787 Highland Rd Lot 2 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 just off I‑70 and Chester Boulevard in Richmond; I‑70 frontage and visibility, positioned between Indianapolis and Dayton; Surrounded by active commercial businesses and retail traffic drivers
