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    Industrial Pkwy Richmond, IN 47374

    Sponsored
    For Sale
    $324,900

    Prime Industrial/Commercial Land, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.52-acre parcel presents a remarkable opportunity for development in Richmond, Indiana. Strategically situated just off Route 40 and near Interstate 70, this mixed-use land boasts unparalleled accessibility and visibility. The property's location on Industrial Pkwy in Wayne County offers significant advantages for businesses seeking a prominent presence in a thriving area. The asking price is $324,900. This site is ideal for a variety of commercial and industrial uses, making it an attractive investment for companies looking to establish a new headquarters or expand their existing operations. Its proximity to major transportation arteries ensures seamless logistics and convenient access for employees and clients. The expansive acreage provides ample space for construction and future growth, allowing for flexibility in design and development. With its prime location and significant potential, this property represents a rare opportunity to acquire a highly desirable piece of land in a rapidly developing area of Richmond. The zip code is 47374. The property is classified as both commercial and industrial land. This is a truly exceptional opportunity for businesses seeking a strategic location with excellent infrastructure and accessibility. Don't miss out on this chance to secure a prime piece of real estate in a dynamic and growing market.

    Property Features for 0 Industrial Pkwy

    General Information

    Property type
    Mixed-use properties
    Lot Size
    153,331 SF

    HighLights

    • $324,900 asking price.
    • 3.52‑acre mixed‑use land parcel.
    • Located in Richmond, Indiana, on Industrial Pkwy, near Route 40 and I‑70.
    • Ideal for headquarters development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Richmond
    County
    Wayne
    State
    Indiana
    Longitude
    -84.8234872
    Latitude
    39.8239543

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Industrial/Commercial Land, Excellent Location
    Where is this mixed-use property located?
    The property is located at Industrial Pkwy Richmond, IN.
    What is the asking price?
    The asking price for this property is $324,900.
    What are key features of this property?
    This property features: $324,900 asking price.; 3.52-acre mixed-use land parcel.; Located in Richmond, Indiana, on Industrial Pkwy, near Route 40 and I-70.
    Request Owner's contact information
    Industrial Pkwy Richmond, IN 47374
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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
    Industrial Pkwy Richmond, IN 47374
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