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    911-923 E St Richmond, IN 47374

    For Sale
    $1,500,000

    Exceptional development opportunity in Wayne County.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0-square-foot commercial land parcel, located at 911-923 North E Street in Richmond, Indiana, presents a unique investment opportunity. Situated in Wayne County, this property offers significant potential for developers seeking a prime location for various commercial ventures. The asking price is $1,500,000. The property is classified as Special Purpose land and is ideal for those seeking a blank canvas to create a tailored commercial development. Given its size and location, this land offers considerable flexibility in terms of project scope and design. The address is conveniently located at 911-923 North E Street, Richmond, IN 47374, providing easy access to local amenities and transportation routes. Detailed site surveys and environmental assessments are recommended to fully understand the development potential and any associated requirements. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving Indiana community. Serious inquiries are encouraged to explore the possibilities this property offers. The property's 0-acre lot size provides a foundation for a variety of commercial projects. Further information regarding zoning and permitted uses is readily available through the appropriate local authorities. Don't miss this chance to secure a prime piece of commercial real estate in Richmond, Indiana.

    Property Features for 911-923 E St

    General Information

    Property type
    Land

    HighLights

    • $1,500,000 asking price.
    • Special purpose land property.
    • Located at 911‑923 North E Street, Richmond, IN 47374.
    • Wayne County, Indiana location.
    • Zero square footage building.
    • Zero units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Wayne
    State
    Indiana
    Longitude
    -84.889815
    Latitude
    39.8342552

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    FAQs

    What type of property is this?
    Land - Exceptional development opportunity in Wayne County.
    Where is this land located?
    The property is located at 911-923 E St Richmond, IN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price.; Special purpose land property.; Located at 911-923 North E Street, Richmond, IN 47374.
    Request Owner's contact information
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    Richmond, IN 47374
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    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
    911-923 E St Richmond, IN 47374
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