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Property profile & analytics
OFF-MARKET
Specialty properties

3988 State Rd Eaton, OH 47374

6,332 SF 16.09 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Total area 6,332 SF
Lot 16.09 ac (700,880 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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