Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    3988 State Rd Eaton, OH 47374

    • Specialty properties
    • 6,332 SF
    • 16.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 3988 State Rd

    Lot size
    16.09 lot acres
    Property size
    6,332 SF
    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional commercial property presents a unique investment opportunity in Richmond, Indiana. Located at 3988 South State Road 227, this expansive 16.09-acre parcel offers 6,332 square feet of versatile space, ideal for a wide range of commercial ventures. The property's substantial size provides ample room for development and expansion, catering to businesses requiring significant land area. Its strategic location in Wayne County, Indiana, offers convenient access to major transportation routes, ensuring excellent connectivity for both employees and customers. The asking price of $339,900 represents a compelling value for this significant land holding. This property is zoned for commercial use and is ready for immediate development or redevelopment, making it an attractive prospect for investors seeking a high-return opportunity in a growing market. The property's size and location make it suitable for a variety of commercial uses, from warehousing and distribution to light industrial or retail operations. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The property is situated in a desirable area of Richmond, offering a blend of accessibility and visibility. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving Indiana community. Don't miss out on this chance to secure a prime location for your next commercial project. The property is ready for your vision.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eaton
    County
    Wayne
    State
    Ohio
    Longitude
    -84.8143
    Latitude
    39.764
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3988 State Rd
    Eaton, OH 47374
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.