Technical
Financial
Distress signals
Property profile

0 National Rd Richmond, IN 47374

OFF-MARKET
Land
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Property summary

AI-generated overview

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

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

National Rd Richmond, IN 47374
Richmond metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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