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    C St Richmond, IN 47374

    Sponsored
    For Sale
    $180,000

    Six contiguous lots, developer opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents six contiguous residential building lots in the desirable Garwood Acres subdivision of Richmond, Indiana. Located on S C St, this 47374 zip code property is identified by APN 89-18-02-140-139.000-030. The land is currently undeveloped, offering a blank canvas for a residential development project. Priced at $180,000, this package represents a significant value proposition for developers seeking to capitalize on the growing Richmond housing market. The property is classified as Mixed Use Land, with a residential subtype. Detailed site maps are available upon request, providing comprehensive information for planning and development purposes. This is an ideal opportunity for builders or investors looking to create a cohesive residential community within an established neighborhood. The property's location in Wayne County, Indiana, offers convenient access to local amenities and infrastructure. Don't miss this chance to acquire a prime development site in a thriving area. Act quickly, as opportunities like this are rare.

    Property Features for 0 C St

    General Information

    Property type
    Mixed-use properties

    HighLights

    • Exceptional developer opportunity.
    • Prime location with high visibility and strong demographics.
    • Zoned for mixed‑use development, allowing for diverse project options.
    • Significant upside potential due to market demand and strategic positioning.
    • Existing infrastructure minimizes development costs and accelerates project timelines.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Richmond
    County
    Wayne
    State
    Indiana
    Longitude
    -84.842200533772
    Latitude
    39.824467298774

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    FAQs

    What type of property is this?
    Mixed-use property - Six contiguous lots, developer opportunity.
    Where is this mixed-use property located?
    The property is located at C St Richmond, IN.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: Exceptional developer opportunity.; Prime location with high visibility and strong demographics.; Zoned for mixed-use development, allowing for diverse project options.
    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
    C St Richmond, IN 47374
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