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Richmond East Side Development Opportunity
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Garwood Rd, Richmond, IN 47374

Prime lot for condos, apartments, or commercial development.

Property SizeContact for details
Days on Market908

Property Features for Garwood Rd

General Information

Standard status Active
Property subtype Land
Listing Agency: Coldwell Banker Lingle
Listed By: Alan Stamper · License #IN RB16001438
Source: Crexi
Added: Mar 18, 2024 Changed: Sep 10 Last Checked: Sep 11 at 6:38AM

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 Coldwell Banker Lingle

Investment Insights

Based on property information with market context.

This property presents a development opportunity on Richmond's East Side. The lot is suitable for condos or apartments, and with zoning approval, it could accommodate a commercial venture. Situated on Garwood Road, a location known for its high traffic, the property is approximately 0.33 miles from US 40 and near I-70. The lot is located next to three other commercial buildings and adjacent to Galo's Restaurant.

Key Highlights

  • Prime location on high‑traffic Garwood Road.
  • Development opportunity for condos, apartments, or commercial venture (with zoning approval).
  • Close proximity to US 40 (.33 miles) and I‑70.

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby

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 lot for condos, apartments, or commercial development.
Where is this commercial land located?
The property is located at Garwood Rd Richmond, IN.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Prime location on high‑traffic Garwood Road.; Development opportunity for condos, apartments, or commercial venture (with zoning approval).; Close proximity to US 40 (.33 miles) and I‑70.
(727) 771-8773 Call to check price and availability
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