Property summary
This exceptional commercial land offering presents a unique investment opportunity in Richmond, Indiana. Located on East National Road (US Highway 40), these prime parcels range in size from one to ten acres, providing flexibility for various development projects. The property boasts a highly desirable location, situated just a quarter-mile from Interstate 70, ensuring excellent accessibility and visibility. This strategic location benefits from proximity to a thriving commercial corridor, featuring numerous established retail businesses, hotels, and restaurants. The site is fully serviced, with existing utility and sewer infrastructure already in place, significantly reducing development costs and timelines. This ready-to-develop land is ideal for businesses seeking a high-traffic location with convenient access to major transportation routes and a strong existing commercial base. The parcels offer significant potential for a wide range of commercial ventures, making this an attractive opportunity for investors and developers alike. Wayne County's robust economy and strategic location further enhance the appeal of this exceptional property. Contact us today to learn more about this exciting development opportunity.
Property profile
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Location
Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight