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    1530 5Th St Richmond, IN 47374

    Sponsored
    For Sale
    Contact for pricing

    Prime IN location, build-to-suit lots available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial and industrial land offering, situated in Richmond, Indiana's Northwest Business Park, presents a unique investment opportunity. Located at the signalized intersection of NW 5th Street/Williamsburg Pike and Progress Drive, this property boasts 1 to 6-acre outlots available for sale or lease. The site benefits from full on-site utilities, ensuring seamless operations for any business. Build-to-suit options provide the flexibility to tailor the space to specific business needs, with a commitment to timely delivery. Strategically positioned one mile south of Interstate 70, via US Hwy 35/Tom Raper Blvd/Williamsburg Pike Exit 149, this location offers unparalleled accessibility. Enjoy convenient proximity to major transportation arteries, with Dayton a 40-minute drive, Indianapolis 70 minutes away, and Cincinnati within 80 minutes. This prime location in Wayne County, Indiana, with its address at 1530 NW 5th St, Richmond, IN 47374, offers a compelling combination of convenience, flexibility, and strategic positioning for businesses seeking growth and expansion. The available acreage ranges from one to six acres, providing options to suit various business scales and requirements.

    Property Features for 1530 5Th St

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑6 acre outlots available for sale or lease in Richmond, Indiana's Northwest Business Park.
    • Located at the signalized intersection of NW 5th Street/Williamsburg Pike and Progress Drive.
    • Full on‑site utilities and build‑to‑suit options available.
    • One mile south of I‑70 (Exit 149), providing easy access to Dayton, Indianapolis, and Cincinnati.
    • Address: 1530 NW 5th St, Richmond, IN 47374.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fastenal Fastener Supplier Fastenal Fulfillment Center Wholesaler

    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
    -84.90813108
    Latitude
    39.84969396

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    FAQs

    What type of property is this?
    Land - Prime IN location, build-to-suit lots available.
    Where is this land located?
    The property is located at 1530 5Th St Richmond, IN.
    What are key features of this property?
    This property features: 1-6 acre outlots available for sale or lease in Richmond, Indiana's Northwest Business Park.; Located at the signalized intersection of NW 5th Street/Williamsburg Pike and Progress Drive.; Full on-site utilities and build-to-suit options available.
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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
    1530 5Th St Richmond, IN 47374
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