8 8Th St Richmond, IN 47374
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.