3.64 Acre Commercial Land
For Sale
Contact for pricing
0 Commerce Rd, Richmond, IN 47374
Prime commercial land near I-70, suitable for various developments.
Property SizeContact for details
Lot Size3.64 Acres
Days on Market1265
Property Features for 0 Commerce Rd
General Information
Standard status
Active
Lot size
3.64 Acres
Property subtype
Land
Zoning
HC - Highway Commercial
Listing Agency:
Oldacre Mcdonald LLC
Listed By:
Hunter Oldacre · License #TN 326562
Source:
Crexi
Added: Apr 28, 2023
Changed: Oct 11
Last Checked: Oct 12 at 5:02PM
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 Oldacre Mcdonald LLC
Investment Insights
Based on property information with market context.
This 3.64-acre parking lot carve-out is available for sale, ground lease, or build-to-suit. Ideally located just off I-70, it experiences high traffic volume with over 36,000 cars per day, and Highway 40 sees an additional 18,000+ cars daily. The site is well-suited for various developments, including a hotel, retail space, restaurant, or self-storage facility. It is in close proximity to McDonalds, Hampton Inn, Holiday Inn Express, Home2 Suites, Culver's, IHOP, Lowe's, Cracker Barrel, and UHAUL. The site features two driveway cuts onto Commerce Road, situated on either side of a Wings & Rings Restaurant. Located directly across the street from the Hampton Inn, which is reported to have the highest traffic in town, according to Placer.ai. Zoned Highway Commercial, the site permits a wide range of uses by right, including hotel, retail, restaurant, bar, and automobile-oriented businesses. Richmond, Indiana, situated on the Indiana-Ohio border between Indianapolis and Dayton, has a population of over 35,000 residents and serves as the principal city of the Richmond-Connersville CSA, with over 88,000 residents.
Key Highlights
- 3. 64‑acre site suitable for hotel, retail, restaurant, or self‑storage development.
- Excellent visibility and accessibility just off I‑70 with high traffic counts.
- Located in close proximity to established businesses.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
181
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime commercial land near I-70, suitable for various developments.
Where is this commercial land located?
The property is located at 0 Commerce Rd Richmond, IN.
What are key features of this property?
This property features: 3. 64‑acre site suitable for hotel, retail, restaurant, or self‑storage development.; Excellent visibility and accessibility just off I‑70 with high traffic counts.; Located in close proximity to established businesses.
