Garwood Rd Richmond, IN 47374
- Land
- 1.81 lot acres
Current Use by Public Records
- Land
Property Details for 0 Garwood Rd
- Lot size
- 1.81 lot acres
- Property type
- Land
Description
This exceptional 1.81-acre commercial and residential development opportunity is ideally situated on Garwood Road in Richmond, Indiana, zip code 47374. Located in Wayne County, this property boasts a prime location just 0.33 miles from US 40 and conveniently close to I-70, ensuring high visibility and accessibility. The lot's strategic placement next to three existing commercial buildings and the popular Galo's Restaurant provides an established commercial context and potential for synergistic business relationships. The property's zoning allows for diverse development options, including residential projects such as condos or apartments, or, with appropriate approvals, commercial ventures. This high-traffic area on Garwood Road presents a compelling investment opportunity for developers seeking a well-positioned site with significant potential for growth and return. The asking price for this exceptional parcel is $99,900. Its coordinates are 39.82660673317002 latitude and -84.84217101835807 longitude. This is a rare chance to acquire a substantial piece of land in a thriving area of Richmond. The property is ready for immediate development, offering a unique blend of commercial and residential potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Wayne
- State
- Indiana
- Longitude
- -84.8422
- Latitude
- 39.8266
