Search
Industrial Development Land Parcel
For Sale
$324,900

Industrial Parkway, Richmond, IN 47374

LAND - Richmond, IN

Property SizeContact for details
Lot Size3.52 Acres
Days on Market915

Property Features for Industrial Parkway

General Information

Property type Land
Property subtype Other
Lot features Irregular, 3-5.9999, City, Commercial
Elementary school Western Wayne
Middle school Lincoln
High school Lincoln
Elementary school district Western Wayne Schools
Middle school district Western Wayne Schools
High school district Western Wayne Schools
Directions US 35 to Richmond. Take US 40 N to Industrial Parkway.
Subdivision Wayne County
Standard status Active
APN 89-16-36-340-107.001-030
Lot size 3.52 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description PT SW 36-14-1 3.482A; PT SE 36-14-1 0.041A
Tax Annual Amount 3195
Legal Description PT SW 36-14-1 3.482A; PT SE 36-14-1 0.041A
Listing Agency: Tarter Realty Auction and Appraisal Company
Listed By: Paul Faddis · License #RB15000347
Added: Feb 26, 2024 Changed: Jul 6 Last Checked: Aug 29 at 12:06AM
MLS# 202406115

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering consists of an industrial land parcel measuring 3.52 acres. The property is presented as a development site, providing an open canvas for a future build based on the end user’s requirements.

The site is conveniently located just off Route 40 near Interstate 70, on Industrial Pkwy in Richmond, Indiana. The described access by proximity to these corridors is intended to support day-to-day connectivity for occupants and customers.

For buyers seeking an industrial development location, this parcel may fit well for headquarters-style facilities and other light industrial concepts, depending on the intended layout and permitting requirements. Prospective purchasers should review local requirements for site planning and use to confirm design, access, and development feasibility for their specific project.

Key Highlights

  • Great development site.
  • Conveniently located off Route 40.
  • Near Interstate 70.

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

191
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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land parcel suited for new headquarters and other light industrial development near major roadways.
Where is this industrial land located?
The property is located at Industrial Parkway 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: Great development site.; Conveniently located off Route 40.; Near Interstate 70.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message