Technical
Financial
Distress signals
Property profile

0 Old National Rd Richmond, IN 47374

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional opportunity presents 1-35 acres of prime commercial land for development, ideally situated on Old National Road East in Richmond, Indiana. The property boasts a highly desirable location, just half a mile from Interstate 70, providing unparalleled access and visibility. This strategic location places your future development in close proximity to a thriving commercial corridor along East National Road (US Highway 40), surrounded by established retail businesses, hotels, and restaurants. The site is fully serviced with existing utilities and sewer infrastructure, significantly reducing development costs and timelines. Whether you envision a large-scale project or a smaller, targeted development, this versatile land offers the perfect platform for success. The parcels range in size from one to thirty-five acres, allowing for flexibility in project scope and design. This is a rare chance to secure a prominent position in a dynamic and growing area of Richmond, Indiana. Don't miss this chance to capitalize on this exceptional location and well-prepared infrastructure. 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

Old National Rd Richmond, IN 47374
Richmond metro
Google Maps

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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