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    1902 Nat'l Rd Richmond, IN 47374

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1902 Nat'l Rd

    Property type
    Land

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Wayne
    State
    Indiana
    Longitude
    -84.9287
    Latitude
    39.8246

    Comparable in this City

    • Value Estimation by Request
      1.34 Acres

      408 Commerce Rd

      Land • 1.34 Acres
      408 Commerce Rd, Richmond, IN 47374
      View Details
    • Value Estimation by Request
      20.00 Acres

      787 Highland Rd

      Mixed-use properties • 20.00 Acres
      787 Highland Rd, Richmond, IN 47374
      View Details
    • Value Estimation by Request
      0.20 Acres

      1902 National Rd

      Land • 0.20 Acres
      1902 National Rd, Richmond, IN 47374
      View Details
    • Value Estimation by Request

      1603 Nat'l Rd

      Land
      1603 Nat'l Rd, Richmond, IN 47374
      View Details
    • Value Estimation by Request

      National Rd

      Land
      0 National Rd, Richmond, IN 47374
      View Details
    • Value Estimation by Request

      Old National Rd

      Land
      0 Old National Rd, Richmond, IN 47374
      View Details

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    • Contact for pricing
      1.00 Acre

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    Similar Nearby for Lease

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    1902 Nat'l Rd
    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
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