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Property profile

8 8Th St Richmond, IN 47374

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional commercial land parcel, located at 8 South 8th Street in Richmond, Indiana, presents a unique investment opportunity. Situated in Wayne County, this property offers 0 square feet of buildable land, ideal for a variety of commercial ventures. The asking price is $449,900. The property's address is precisely 8 South 8th Street, Richmond, IN 47374, with GPS coordinates of 39.8287159 latitude and -84.8918769 longitude. Given the 0 square footage listing, this is a land-only sale, providing a blank canvas for development. The absence of existing structures allows for complete design flexibility, catering to diverse commercial needs. Prospective buyers should conduct their own due diligence regarding zoning regulations and permitted uses for the property. This location in Richmond offers excellent access to local amenities and transportation networks, making it an attractive site for businesses seeking a strategic presence in Wayne County. The opportunity to acquire this commercial land parcel at $449,900 represents a compelling investment prospect in a desirable Indiana location. Serious inquiries are encouraged to explore the potential of this unique offering.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency
  • (Bike/Boat/Book/etc) Store
  • Hotel & Motel Resort
  • Insurance Agency
  • (Bike/Boat/Book/etc) Store

Location

8 8Th St 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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