Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    122-126 5Th St Richmond, IN 47374

    Sponsored
    For Sale
    $129,900

    0.14-Acre Lot, 2,112 SF

    Property size:
    2,112 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 122 Northwest 5th Street in Richmond, Indiana, presents a unique investment opportunity. The 0.14-acre lot offers significant potential for a variety of commercial uses. The property boasts a total square footage of 2,112 square feet, providing ample space for development or expansion. Situated in Wayne County, Indiana, with the address 122-126 Northwest 5th Street, Richmond, IN 47374, this location offers convenient access to key transportation routes and local amenities. The asking price for this special-purpose land is $129,900. This is a rare chance to acquire a well-positioned commercial parcel in a thriving Indiana community. The property is zoned for commercial use (specific zoning details should be independently verified). Given its size and location, this property is ideal for entrepreneurs seeking to establish a new business or for investors looking to add a valuable asset to their portfolio. The property's versatility allows for a wide range of development possibilities, making it an attractive option for various commercial ventures. Don't miss this opportunity to secure this prime commercial land in a desirable location. Further details are available upon request.

    Property Features for 122-126 5Th St

    General Information

    Property type
    Land
    Square Feet
    2,112 SF
    Lot Size
    6,098 SF

    HighLights

    • Prime 0.14‑acre commercial lot in Richmond, IN.
    • 2,112 square foot building offers ample space.
    • Located at 122‑126 Northwest 5th Street, Richmond, IN 47374.
    • Asking price: $129,900.
    • Commercially zoned (buyer to verify).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Wayne
    State
    Indiana
    Longitude
    -84.9082692
    Latitude
    39.8309559

    Nearby Similar for Sale

    • $349,900
      0.27 Acres

      Versatile Building in Downtown Richmond

      Two-story building with offices, open area, and parking.
      36 S 9Th St, Richmond, IN 47374
      View Details
    • $195,000
      0.08 Acres

      Remodeled Commercial Building For Sale

      Completely remodeled commercial building with new HVAC in 2025.
      626 S B St, Richmond, IN 47374
      View Details
    • $84,900
      Pending

      Richmond Duplex Investment Opportunity

      Duplex in Richmond, Indiana with updated units. Great investment!
      805 S 7Th St, Richmond, IN 47374
      View Details
    • $1,538,000
      1,084 SF

      NNN Leased Pizza Hut Restaurant

      Long-term NNN lease with annual escalations in dominant retail corridor.
      3250 E Main St, Richmond, IN 47374
      View Details
    • $485,000
      8,000 SF

      Richmond Office Space For Sale

      Office space available in Richmond's northwest industrial area.
      1528 NW 5Th St, Richmond, IN 47374
      View Details
    • $2,461,538
      5,000 SF

      Mattress Firm Investment Opportunity

      5,000 SF Mattress Firm with corporate-guaranteed lease in Richmond, IN.
      4404 National Rd E, Richmond, IN 47374
      View Details
    • Contact for pricing
      4 SF

      East Main Street Mixed-Use Property

      Mixed-use property available for sale on East Main Street.
      2519 East Main St, Richmond, IN 47374
      View Details
    • $695,000
      8,827 SF

      Richmond Mixed-Use Property For Sale

      Mixed-use property in Richmond, Indiana, featuring 8,827 square feet.
      3711 National Rd West, Richmond, IN 47374
      View Details
    • Contact for pricing
      1 SF

      Mixed-Use Property for Sale

      Mixed-use property available for purchase in Richmond, Indiana.
      12 SW 5Th St, Richmond, IN 47374
      View Details
    • $825,000
      40 SF

      40.92 Acres on State Road

      40.92 acres of land for sale on State Road.
      38 Richmond Ave, Richmond, IN 47374
      View Details
    • $699,000

      Retail Property For Sale

      Retail property available for purchase in Richmond, Indiana.
      1600 National Rd W, Richmond, IN 47374
      View Details
    • $960,000
      0.62 Acres

      Established Bar/Restaurant with Patio

      Turnkey bar and restaurant with liquor license and outdoor patio.
      1500 N E St, Richmond, IN 47374
      View Details

    FAQs

    What type of property is this?
    Land - 0.14-Acre Lot, 2,112 SF
    Where is this land located?
    The property is located at 122-126 5Th St Richmond, IN.
    What is the asking price?
    The asking price for this property is $129,900.
    What are key features of this property?
    This property features: Prime 0.14-acre commercial lot in Richmond, IN.; 2,112 square foot building offers ample space.; Located at 122-126 Northwest 5th Street, Richmond, IN 47374.
    Request Owner's contact information
    122-126 5Th St Richmond, IN 47374
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    122-126 5Th St
    Richmond, IN 47374
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    122-126 5Th St Richmond, IN 47374
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.