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Property profile & analytics
OFF-MARKET
Specialty properties

1902 National Rd Richmond, IN 47374

0.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.2-acre commercial land parcel presents a unique investment opportunity in Richmond, Indiana. Located at 1902 West National Road, this property is zoned for commercial use and offers significant potential for various development projects. The asking price is an attractive $10,000, making it an accessible entry point for entrepreneurs and investors alike. Situated in Wayne County, the property benefits from convenient access to major transportation routes, ensuring excellent visibility and accessibility for any future business. The address, 1902 West National Road, Richmond, IN 47374, places it within a thriving community with a strong local economy. This level lot provides a blank canvas for creative development, allowing for customization to suit a wide range of commercial ventures. The property's size is ideal for smaller-scale businesses or as a strategic addition to an existing portfolio. Given its location and price point, this land parcel represents a compelling opportunity for immediate development or future appreciation. The property is classified as "Special Purpose" and is ready for its next chapter. Serious inquiries are encouraged to explore the possibilities this unique offering presents. The geographic coordinates are 39.8248149 latitude and -84.9287145 longitude.

Property profile
Verified
Property type Specialty properties
Lot 0.2 ac (8,712 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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