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    410 Commerce Rd Richmond, IN 47374

    Sponsored
    For Sale
    $199,500

    Profitable Putt-Putt, I-70 access

    Property size:
    336 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1-story, 336 sq ft commercial property, built in 1979 and renovated in 2012, is situated on a 1.245-acre lot at 410 Commerce Rd, Richmond, IN 47374. Located seconds from I-70 and US 40, this established business offers significant cash flow potential. The property includes one building and is categorized as a golf course and sports/entertainment venue. Priced at $199,500 ($593.75/sq ft), it presents a unique opportunity for investors or operators seeking a turnkey business in a high-traffic area. Its prime location on Richmond's East Side provides excellent visibility and accessibility. The property's existing infrastructure allows for immediate operation, while its adaptable design also presents the possibility of build-to-suit options for future development. This is a rare chance to acquire a well-maintained, profitable business with strong growth potential in a desirable location.

    Property Features for 410 Commerce Rd

    General Information

    Property type
    Golf courses & driving ranges
    Square Feet
    336 SF
    Lot Size
    54,232 SF

    Building Details

    Year Built/Renovated
    1979/2012
    Buildings
    1
    Stories
    1

    HighLights

    • 1‑story, 336 sq ft commercial building on a 1.245‑acre lot at 410 Commerce Rd, Richmond, IN 47374.
    • Built in 1979, renovated in 2012.
    • Located seconds from I‑70 and US 40, offering high visibility and accessibility.
    • Priced at $199,500 ($593.75/sq ft).
    • Currently operating as a golf course and sports/entertainment venue with significant cash flow potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Golf courses & driving ...

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Wayne
    State
    Indiana
    Longitude
    -84.825291814703
    Latitude
    39.834486874957

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    FAQs

    What type of property is this?
    Golf course & driving range - Profitable Putt-Putt, I-70 access
    Where is this golf course & driving range located?
    The property is located at 410 Commerce Rd Richmond, IN.
    What is the asking price?
    The asking price for this property is $199,500.
    What are key features of this property?
    This property features: 1-story, 336 sq ft commercial building on a 1.245-acre lot at 410 Commerce Rd, Richmond, IN 47374.; Built in 1979, renovated in 2012.; Located seconds from I-70 and US 40, offering high visibility and accessibility.
    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
    410 Commerce Rd Richmond, IN 47374
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